Urgent.News

What's breaking now, across thousands of outlets.

Business

USA: Trumps Diesel-Deal mit Russland verpufft – Tanker laufen USA nicht an

Der US-Präsident erlaubt den Import von russischem Diesel, um die Preise zu drücken. Doch mindestens drei von vier erwarteten Tankern drehen ab, weil potenzielle Käufer Probleme fürchten.

USA: Trumps Diesel-Deal mit Russland verpufft – Tanker laufen USA nicht an

Several tankers carrying hundreds of thousands of liters of Russian diesel, which were previously en route to the United States, have apparently altered their plans. At least three of the four known vessels are no longer on course for the U.S. Atlantic coast, according to satellite tracking data. This raises concerns that the diesel deal between U.S. President Donald Trump and Russia could fizzle out.

Several ships set out from Russia's Baltic Sea coast towards the Atlantic at the end of October. At least four freighters were identified and tracked by observers using several location services. Three of the four ships are on several sanction lists: "Talisman" (Russian flag): sanctioned by the U.S., the EU, the U.K., Canada, and Switzerland; "Beast" (Seychelles): sanctioned by the EU, the U.K., Australia, Canada, and Switzerland; "Leruo" (Sierra Leone): sanctioned by the EU, the U.K., Canada, and Switzerland; "Agioi Fanendes" (Malta): not sanctioned.

Only the "Agioi Fanendes" is still on course for the U.S. However, it transmits "For Orders" via its transponder instead of specifying a specific port of destination, which may indicate that the vessel is waiting for a new buyer for the diesel on board. However, the crew manually inputs these reports, so they may not be reliable.

Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at handelsblatt.com →

More in Business

LG Chem Petrochemical Unit Falls into Deficit

LG Chem’s petrochemical segment has swung to a deficit compared to the previous quarter. The company aims to submit a business restructuring plan within the year while continuing to build a portfolio…

  • LG Chem petrochemical unit recorded a 600 billion won net loss in the latest quarter.
  • Loss attributed to higher raw material costs from oil price hikes and transportation expenses.
  • Company aims to submit business restructuring plan within the year.

Samsung DX Unit Union Demands Compensation Despite Court Rejection

The Samsung Electronics Labor Union 'Donghaeng' (Donghaeng Union), centered around employees of the Samsung Electronics Device eXperience (DX) Unit, held a general rally at the Suwon workplace and…

  • Samsung DX Unit employees demand compensation from management
  • Donghaeng Union files court challenge against wage agreement exclusion
  • Protesters criticize sales-focused strategy hurting DX profitability

Chey Tae-won Sells SK Shares to Fund Divorce Settlement

SK Group Chairman Chey Tae-won has sold about 944.0 billion won (about $704 million) worth of shares in SK Inc. The move appears to be aimed at preparing the asset division payment stemming from his…

  • SK Group Chairman Chey Tae-won sold 944 billion won worth of SK Inc. shares.
  • Sale completed on November 2 through after-hours block trading.
  • Transaction reduced his stake from 17.76% to 15.49%.

More from Thursday 5 November →