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 International Energy Agency now believes implementation of the new fuel rule could be “much smoother than expected.”
BIMCO, ICS, INTERCARGO and INTERTANKO call on charterers, bunker suppliers and nation states to “double their efforts” to ensure a smooth transition to low-sulfur fuel.
Markets for diesel are trending where theyve been for the last year.
According to Euronav, the derivatives market in low sulfur fuel oil is not deep enough to provide a viable IMO 2020 hedge – but it will be soon.
Tanker major Euronav has revealed new details on its strategy to counter IMO 2020 risks.
Since 2016, Air BP has been reducing carbon emissions through its BP Biojet.
Do U.S. corn producers have an opportunity to sell more to Brazil for ethanol production?
The price of new IMO 2020-compliant low-sulfur fuels is already 30% higher than fuels currently in use, but costs will rise further as the Jan. 1 deadline approaches, says consultant
Nikola Corp. expects to raise more than $1 billion in its Series D runding raising. That starts with London-based CNH Industrial that invested $250 million in cash and in-kind help.
The London-based startup is helping ships to optimize their port docking time, allowing them to sail early and save on fuel by sailing slower.
U.S. crude output, according to one estimate, is now at 12.5 million barrels per day.
The engine displacement in Class 8 commercial tractors is expected to drop in coming years as stricter federal emissions standards take effect in the next decade.
There are more shortages of gasoline but diesel has some problems also.
Last-mile movement is one of the least energy-efficient operations within supply chains, and efforts need to be taken to consciously reduce energy expended in that stretch.
Partially synthetic lower viscosity 10W-30 and 5W-30 oils are supplanting the industry standard 15W-40 heavy-duty oil. The new formulas cost more but can bring up to 2 percent better fuel economy with longer intervals between changes.
But good news for the trucking sector: the assets stick around and activity continues
The vast majority of Aussie truck drivers are either fat or obese and they have a terrible diets, new research has found. Meanwhile, New Zealanders fund electric vehicles and Aussie trailer maker reveals a shocker set of financial results.
Most forecasts have been conservative, but not this one.
A lot of new pipeline capacity is kicking in and the need for trains is going to be greatly reduced.
Portuguese truck driver unions have gone on an indefinite strike, demanding better monthly base salaries.
