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.
Three reports issued this past week all with the same conclusion: there will be a lot of excess oil in the world next year.
At least 250,000 barrels a day of crude immediately affected by Tropical Storm Barry
A British warship escorted a tanker through the Mideast Gulf yesterday after Iranian naval forces threatened to seize it, the latest incident rattling one of the busiest maritime trade lanes. The Ministry of Defense said that the HMS Montrose “ensured the safe passage of the merchant vessel British Heritage through the Strait of Hormuz.” International […]
Every installed scrubber will be one less ship competing with existing buyers of diesel in the post-IMO2020 world.
Dry bulk transport is about to get more expensive thanks to new marine fuel regulations.
FreightWaves’ Freight Intel Group has released a new study of the impact of IMO 2020 on the U.S. trucking industries (and other industries). Read what may happen to diesel fuel prices.
There’s already a lot of hand wringing about the outcome of the latest OPEC meeting. But the group has stepped aside for virtually the oil market’s growth in the last 10 years.
With IMO2020 just around the corner, FreightWaves Radio this weekend takes a look at how it might impact fuel markets. J. Scott Susich, the director of data analytics and advisory services at DTN, joined co-host John Kingston on SiriusXM Road Dog Trucking for a discussion on how the regulation designed to reduce the amount of […]
Many states went up by an automatic inflation adjusment. Illinois and Ohio were the only ones which chose big jumps.
Singapore, one of the world’s biggest centers for the supply of marine fuels, is now enforcing the mandatory use of mass flow metering system for the delivery of distillate fuels. The new mandate went into force as of July 1, 2019.
Also in the oil report: the closure of an East Coast refinery is not good news for IMO2020 preparation
Research by Clarksons confirms acceleration of scrubber installations, reducing available ship capacity.
The U.S. is too small a player in the bunker market to matter, and it will be largely isolated if it steps away from the pact.
Market expert writes about the latest tensions in the Mideast and how that might impact air and sea cargo, as well as supply chains.
There are an enormous number of price relationships that will ultimately determine the supply and demand of fuels compliant with IMO2020.
A spectacular blast lifts prices, but does it have staying power?
Maersk (Nasdaq OMX: MAER) will find out how much customers are willing to spend on its ambitious environmental agenda with a carbon-neutral container service. The world’s biggest shipping line is offering voyages on ships using a blend of cooking oil and regular heavy fuel oil. The biofuel blend, which was produced by Shell, is a […]
The FreightWaves Freight Intel Group is producing research culled from FreightWaves SONAR and other sources. Read about its first several research papers and how to learn more.
There are enough molecules and enough preparation to get the maritime industry through the IMO2020 switchover. But how will trucking be impacted?
Suppliers, traders and ship operators will need to increase credit lines and be more diligent about counterparty risk.
