• Knave Dave
    05/23/2016 - 18:16
    This past Thursday marked the one-year anniversary of the US stock market’s death when stocks saw their last high. Market bulls have spent a year looking like the walking dead. They’ve...

North Korean Tanker Burning In Libya After Navy Opens Fire

Tyler Durden's picture


The Libyan defense minister took over duties as prime minister this morning as the Libyan parliament voted "no confidence" in the current prime minister after a North-Korea-flagged tanker broke the "blockade" from a rebel-held port. The ouster of the PM appears to have bolstered confidence in the anti-rebel oil-stealing that we discussed yesterday, and resulted in


The oil tanker - The Morning Glory - had at least 234,000 barrels of oil aboard but is now "under complete control" of Libyan government authorities. However, as Bloomberg reports, the North Korean tanker is said to be on fire after being hit by a missile.

It's been a busy morning for Libya:

The rebels started it..


And for a while they were right...


Which led to:



Via BBC,

Libya's parliament has dismissed PM Ali Zeidan after a tanker laden with oil from a rebel-held port reportedly broke through a naval blockade.


MPs called a vote of confidence in Mr Zeidan amid reports that the North Korean-flagged ship had escaped to sea.


Defence Minister Abdullah al-Thinni was named interim prime minister.


Earlier, Libyan officials had said they had "complete control" of the tanker as it tried to leave Sidra port. However, rebel fighters rejected the assertion.


Separatist militants have occupied three major eastern ports since August.


They are seeking a greater share of the country's oil revenues, as well as autonomy for eastern Libya.


The oil tanker - named Morning Glory - was reported to have taken on at least 234,000 barrels of crude oil at the Sidra terminal.


It was the first vessel to have loaded oil from a rebel-held port since the separatist revolt against the authorities in Tripoli erupted in July.

which resulted in:


And, as the Libya Herald reports,

The North Korean-flagged oil tanker that left Libya this morning after loading an illegal shipment of oil is said to be on fire after being hit by a missile.


Part of the ship is burning because it was shot at,” General National Congress (GNC) member Abdullah El-Kabier told the Libya Herald. He was unable to give more details or identify who had fired on the tanker.

We suspect Mr. Kim will be displeased (or is this a way to distract from Ukraine and get the North Koreans to rattle some sabres?)

Your rating: None

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Tue, 03/11/2014 - 15:36 | 4535406 Belrev
Belrev's picture


This video shows a March 10th clash of pro-Russia vs pro-Western protesters in Ukraine.

Blue/Yellow is pro-Western and then things get interesting ...

Tue, 03/11/2014 - 15:37 | 4535413 g'kar
g'kar's picture

The show just keeps getting funnier and funnier.

Tue, 03/11/2014 - 15:39 | 4535421 Levadiakos
Levadiakos's picture

ANy word on Cap'n Suk Sum Poo?

Tue, 03/11/2014 - 15:42 | 4535443 NoDebt
NoDebt's picture


OK, so let's talk over/under betting action on that statement....

I got $20 and the obligatory ZH "sandwich bet" on the Over.  Any takers on that action?

Tue, 03/11/2014 - 15:49 | 4535473 ZerOhead
ZerOhead's picture

Looks like the little dealio that Exxon had with the Ukrainian government to drill for all that oil off the south west coast of Crimea in the Black Sea is also going up in flames...


Tue, 03/11/2014 - 15:52 | 4535486 HyBrasilian
HyBrasilian's picture

Meh ~ all the GOLD is gone already...

Tue, 03/11/2014 - 15:56 | 4535495 ZerOhead
ZerOhead's picture

But the OIL and GAS is still there. Some estimates say that there is as much oil in the Black Sea as is in the Caspian basin...


Before violent protests in Kiev overthrew pro-Moscow President Viktor Yanukovych and Russian troops occupied parts of Crimea, a group including Exxon and Royal Dutch Shell Plc planned to spend $735 million drilling two wells about 50 miles (80 kilometers) from the region’s southwest coast.

Tue, 03/11/2014 - 16:00 | 4535525 Say What Again
Say What Again's picture

Are there any central bankers on board?  One can alway hope

Tue, 03/11/2014 - 21:51 | 4536782 mjcOH1
mjcOH1's picture

So Ronery.  So ronery.   So ronery and sadry arone. 

There's no one.  Just me onry.   Sitting on my rittle throne.  I work rearry hard and make up get prans.  But, nobody listens, no one understrands..

So Ronery.  So ronery.   So ronery and sadry arone. ...

Tue, 03/11/2014 - 16:00 | 4535527 Joe Davola
Joe Davola's picture

I'm digging this reality show, the producers just keep throwing out one twist after another!

Tue, 03/11/2014 - 16:05 | 4535543 McMolotov
McMolotov's picture

Be on the lookout for Obama wearing a leather jacket and water skis.

Tue, 03/11/2014 - 16:43 | 4535667 NotApplicable
NotApplicable's picture


Tue, 03/11/2014 - 17:37 | 4535835 Independent
Independent's picture

Game Set and Match and a major Checkmate from Putin.  Big oil and gas of Crimea back in Russia bosom, and I hear someone said there was gold in the Crimea Mountains, maybe a third of Ukraine Total resources, and another third is in Ukraine East.  No wonder Russia love Putin so much, he not only delivers the best beaches and coast line of Black Sea that were once and are now again part of Mother Russia, but he also makes lots of money for the state treasury on the deal.

Tue, 03/11/2014 - 17:59 | 4535899 Flakmeister
Flakmeister's picture


Tue, 03/11/2014 - 22:08 | 4536842 Independent
Independent's picture

Hey Flaksters I see you wore your flak jacket but not your helmet when the shell went off, I guess coma sleep is deep sleep LOL, if you do wake up ever see a plastic surgeon for sure, right now your date potential is nonexistant

Tue, 03/11/2014 - 21:42 | 4536751 Independent
Independent's picture

Great links ZerO, energy is always the game,  Should be interesting if Russia will still give Exxon a piece of the pie or if they will reward another Euro firm to teach the Americans a lesson.  They dont need to tap that stuff right now since they still have lots of resources in Siberia, but its deposits on the resources bank for the future.  Besides who wants tar and oil on their beaches in Crimea

Tue, 03/11/2014 - 17:24 | 4535802 Kirk2NCC1701
Kirk2NCC1701's picture

Just the friendly Fifth Column from Al-CYA-duh being busy, "doing God's work".

Tue, 03/11/2014 - 15:44 | 4535450 Thought Processor
Thought Processor's picture



Gotta love that they waited until it crossed into international waters before pasting the thing.


I'm quite sure they secured and confirmed payment for said oil as soon as it left the dock.  This was planned well in advance.   39 million in oil.


Any guesses on LiL Kim's reaction?


Tue, 03/11/2014 - 16:00 | 4535481 SilverRhino
SilverRhino's picture

Norks versus the Libyans .... holy shit this ought to get interesting seeing those two trying to project power / revenge to each other.   

Hah,  I could see NK shooting SCUDs off a freighter loaded with VX.   It's not like Libya can shoot back with their Navy.   

OR ... he could load his little craptacular nuke into an oil tanker and dock it with the Western Libyan government held port .... and detonate it.   


Tue, 03/11/2014 - 16:01 | 4535530 Say What Again
Say What Again's picture

What do they call it when two roosters fight in a small enclosed area?

Tue, 03/11/2014 - 16:03 | 4535537 Dr. Richard Head
Dr. Richard Head's picture

A shotgun wedding?  Engagement?

Tue, 03/11/2014 - 17:06 | 4535749 11b40
11b40's picture

As an alum of the original USC, I know the answer!

 A COCK FIGHT....true blood sprot.


Tue, 03/11/2014 - 22:11 | 4536850 Independent
Independent's picture

There is one crazed mofo you dont fuck with and that is Kimchi, you can expect the NK to respond in a rather bizarre yet deadly way.

Tue, 03/11/2014 - 17:29 | 4535814 Independent
Independent's picture

Finally the excuse North Korea needs to secure its oil supply. Here is my thinking.  Sinking its ship is an act of war, so they go in there and take over country with a few hundred thousand koreans (solves his issue with feeding his people), the koreans are ruthless, they exterminate all the Libyans and start new Mediterranean North Korea, nobody messes around with KIMCHI cause he has nuclear weapons.  Plus now he can put his missiles closer to Europe and America :)

Plus now the Koreans adopt ISLAM and become even more radicalized and crazy than they already are.

Tue, 03/11/2014 - 17:32 | 4535823 More_sellers_th...
More_sellers_than_buyers's picture

But he's got no oil to power the ships to bring the troops?

Tue, 03/11/2014 - 17:42 | 4535848 Ifigenia
Ifigenia's picture

their ships are nuclear powered, is dangerous, but it work.

Tue, 03/11/2014 - 17:45 | 4535857 More_sellers_th...
More_sellers_than_buyers's picture

R U retarded... they can make a firecracker, but they cant build a ship any more than I can fuck a supermodel... read a book

Tue, 03/11/2014 - 17:48 | 4535869 Ifigenia
Ifigenia's picture

irony is too subtle for a retard like me.

Tue, 03/11/2014 - 17:54 | 4535885 More_sellers_th...
More_sellers_than_buyers's picture
Tue, 03/11/2014 - 17:37 | 4535840 shovelhead
shovelhead's picture

The US is funding al Qaida to infiltrate NK, dig up their kimchi pots and urinate in them.

Codename: Yellow Revolution.

Tue, 03/11/2014 - 17:45 | 4535860 Ifigenia
Ifigenia's picture

it would cause a mini ww3. No one dare to urinate in their kimchi pots. Is utterly disrespectaful to the dearest leader. His uncle was killed just because he asked for some more kimchi.

Tue, 03/11/2014 - 18:43 | 4536041 wakeupsheeps
wakeupsheeps's picture

They will send Rodman strapped to a nuke. Suck it puppet Govt.

Tue, 03/11/2014 - 15:53 | 4535491 Dr. Richard Head
Dr. Richard Head's picture

Didn't his pops detonate a nuke before his passing.....of course, I mean passing as in death, not gas. 

Tue, 03/11/2014 - 17:36 | 4535825 Kirk2NCC1701
Kirk2NCC1701's picture

Note attached to Missile: 

"Shoulda used genuine debt-based Benny-Bucks -- not imitation, debt-free Kim-chi-Bucks! 

Keep printing fake Dollars and real tankers. 

Love, The Fed."

Tue, 03/11/2014 - 19:43 | 4536283 hobopants
hobopants's picture

Wait thats kim?? I thought it was buddha's angry sister. Gotta start paying more attention to this stuff lol.

Tue, 03/11/2014 - 15:46 | 4535460 McMolotov
McMolotov's picture

"Damn you, Ribyan Navy!"

Tue, 03/11/2014 - 15:53 | 4535492 ParkAveFlasher
ParkAveFlasher's picture

"Ahhhggg!  Arr my petroreum, rost at sea!"

Tue, 03/11/2014 - 17:26 | 4535807 Kirk2NCC1701
Kirk2NCC1701's picture

Ribya, we give you Nuke, you give us rots and rots of Petroreum.

Tue, 03/11/2014 - 15:51 | 4535480 Cacete de Ouro
Cacete de Ouro's picture

And I thought Something about Mary was funny..

but this is a laugh a minute...

Tue, 03/11/2014 - 15:55 | 4535507 BlackChicken
BlackChicken's picture

Is it a prerequisite in NK that the leader looks and acts like Baby Huey?

Tue, 03/11/2014 - 15:54 | 4535498 Spumoni
Spumoni's picture

Can it match Dianne Feinstein screaming about her constitutional rights being trampled, though? That is THE funniest thing I have read in the news in ten years.

Tue, 03/11/2014 - 15:56 | 4535510 Dr. Richard Head
Dr. Richard Head's picture

I agree.  If princess DiFi didn't just show the two-tier justice system that these twats expect, nothing does.

Tue, 03/11/2014 - 15:59 | 4535521 McMolotov
McMolotov's picture

Cuntstain's hypocrisy is off the charts, even by DC standards.

Tue, 03/11/2014 - 17:02 | 4535731 Joe Davola
Joe Davola's picture

Senate Democrat screaming about the Constitution - time for Evil Captain Kirk to appear.

Tue, 03/11/2014 - 21:45 | 4536761 Independent
Independent's picture

Joey whats your avatar icon all bout, its kind of creepy, I see what looks like a dude with heavy white makeup and a funky shower cap with little ears.  Almost has a serial killer feel to it???? ;)

Tue, 03/11/2014 - 16:13 | 4535580 RafterManFMJ
RafterManFMJ's picture

Did you exchange a walk on part in the war for a lead role in a cage?

How I wish, how I wish you were here.
We're just two lost souls swimming in a fish bowl, year after year,
Running over the same old ground.
What have we found?
The same old fears.
Wish you were here...

Tue, 03/11/2014 - 17:21 | 4535784 11b40
11b40's picture

So, so you think you can tell Heaven from Hell, blue skies from pain. Can you tell a green field from a pouring rain.

Nice reminder of the sublime beauty these guys often wrote into their music.


Tue, 03/11/2014 - 17:22 | 4535796 The Gooch
The Gooch's picture

I will raise you  "The Great Gig In The Sky"

On a long enough timeline, angels sing.


"And I am not frightened of dying, any time will do, I 
don't mind. Why should I be frightened of dying? 
There's no reason for it, you've gotta go sometime.
If you can hear this whispering you are dying." 

"I never said I was frightened of dying." 

Tue, 03/11/2014 - 16:33 | 4535640 Wahooo
Wahooo's picture

Tanker hunting! Where can I get in on that?

Tue, 03/11/2014 - 16:40 | 4535658 Spumoni
Spumoni's picture

Look on the form from FedFish-it's right under the "sell your tuna" application.

Do NOT follow this link or you will be banned from the site!