Fuel prices and developments affect the entire supply chain, and can place a lot of pressure on carriers. Check back here for news and information related to fuel prices and the gas sector, plus insights and analysis on trends and issues impacting the industry.
The explosion and fire were near a refinery, but initial reports that they were at a refinery were incorrect.
Market Voice Ben Thrower writes about electric vehicles – and their potential impact on the U.S. energy grid.
European shippers have joined with leading container line analyst Drewry to bring order to the “who pays what” implementation of IMO low-sulfur fuels.
A report released the same day as the tanker incident shows why it’s hard to envision higher prices.
An influx of new container ships has hiked the average size of vessels deployed on the trans-Pacific and Asia-Europe trades, reports Alphaliner.
The first news led to a spike that pulled back. But prices were higher as the U.S. trading day began.
European logistics giant could bring its famed, eco-friendly distribution centers to North America as its global expansion continues
UPS will add 6,000 natural gas vehicles over the next three years as part of an agreement with Agility Fuel Solutions, which will supply the natural gas systems and infrastructure. The vehicles will include heavy-duty trucks, terminal tractors and package cars.
New pipelines are proving bad news for truckers, according to this RBN Energy report.
Maersk expects ample supplies of low-sulfur fuels to be available in most ports, but warns shippers to expect higher costs.
Drewry expects service levels to be cut by lines if shippers prove unwilling to foot the bill for mandatory low-sulfur fuels.
If oil prices are going to start moving in reaction to IMO 2020, the last two weeks may have been the time with the first signs of that occurring. There were enough movements in the market – except for the overall outright price – that could at least lead market observers to speculate that something […]
File this one under the category of “be careful what you wish for.” In a letter to the federal Pipeline and Hazardous Materials Administration (PHMSA) filed as part of a long series of comments by many made to the federal agency, Phillips 66, a leading refiner, brings up the impact on IMO 2020 if a […]
From Oct. 1 new low-sulfur fuel charges are being levied by some container lines with more to follow through Q4. Use of the fuels is not mandatory until January 1, 2020.
A weekly look at what occurred in the oil markets of the U.S. and the world this past week and what’s ahead. The Dallas Federal Reserve Board’s quarterly survey of conditions out in the oil patch is positive for the trucking sector only in one sense – production looks like it is going to continue […]
As California tightens trucking emissions, natural gas seen as most viable in market currently.
Ben Thrower writes about the coming IMO 2020 regulations and its impact on the shipping industry.
U.S. trucking operators, heed this warning from Asia. Maritime experts say that after the IMO 2020 deadline, fuel availability will be uncertain, scrubbers won’t work, stockpiles will “evaporate” and fuel prices will “go through the roof”.
New regulations are expected to affect around 60,000 ships, requiring them to reduce their sulfur emissions by more than 80%.
But batteries have a better future in more regional hauls.
