IMO 2020
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Energy
FreightWaves oil report: refining capacity is good for truckers, and it’s rising
Whether its a small renewable diesel plant or a big refinery expansion, growth is ongoing.
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American Shipper
Container carriers still concerned about low sulfur fuel availability
If not enough 0.5% low sulfur fuel is available after Jan. 1. 2020 ships may resort to using more expensive 0.1% sulfur fuel used today…
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American Shipper
PORT REPORT: Japanese giant MOL trials experimental LNG-fuelled tugboat at Kobe
MOL continues its foray into experimenting with LNG with an innovative LNG-powered tugboat; meanwhile, MOL’s LNG-bunkering business signs deals around the world.
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American Shipper
Pendulum continues to swing toward U.S. East Coast ports
Data confirms that U.S. importers are increasingly opting to bring Asian cargoes into East Coast ports.
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American Shipper
IEA: Trucks, ships may face less IMO 2020 risk than feared
The International Energy Agency now believes implementation of the new fuel rule could be "much smoother than expected."
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American Shipper
Hurdles persist to hedging IMO 2020 fuel fallout
According to Euronav, the derivatives market in low sulfur fuel oil is not deep enough to provide a viable IMO 2020 hedge – but it…
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American Shipper
Another shipping giant brings its IMO 2020 fuel in-house
Tanker major Euronav has revealed new details on its strategy to counter IMO 2020 risks.
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Ocean shipping
Shippers brace for sharp rise in ocean fuel costs as IMO 2020 looms
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.…
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American Shipper
Shipping magnate goes ‘all in’ with IMO 2020 wager
John Fredriksen’s shipping companies are increasing their exposure to IMO 2020 market effects.
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Energy
Diesel prices will spike due to IMO 2020: Fitch
Most forecasts have been conservative, but not this one.
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