South Korean bunker strike ends

Seven-day action ended in the south as operators strike deal with refiners.

South Korea's barge owners have ended a week-long strike that caused disruption to bunker operations in the south of the country.

"Barge operators ended their strike as they reached an agreement with oil refiners over the weekend," Kim Byung-Nam, an official at the ministry of oceans and fisheries, told the Platts news agency.

Fuel operations were back to normal by Monday morning.

The Korea Oil Supply Shipowner's Association had been on strike since 10 October.

They were asking for an increase in fees paid by refiners of between 40% and 100%. They accepted between 10% and 20%.

Around 200 of 680 barges were involved in ports like Busan and Ulsan.

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