One market’s strength is actually good news for truckers, who would benefit from the construction of lots of scrubbers.
Sudden surge in marine fuel costs could spur shippers to consider switch to California over Panama Canal route.
An exclusive interview with John Kartsonas, the developer of the BDRY exchange-traded fund that tracks bulker rates.
Capesize owners were afraid to ballast to Brazil when a key Vale mine was closed. Now there are too few Capesizes in the Atlantic Basin, pushing up rates.
Dry bulk transport is about to get more expensive thanks to new marine fuel regulations.
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.
Emily Szink sits down with FreightWaves CEO Craig Fuller and Oil Expert John Kingston to discuss IMO 2020 and its effects on not only the global ocean shipping industry, but on the trucking industry as well.
Is a recovery near for VLCC crude tanker spot rates? Not yet, warns an an analyst at VesselsValue.
The consensus at a panel in Houston is that marine gasoil will be the first fuel to get a big boost in demand as IMO2020 approaches. That’s not good news if you’re a diesel buyer.
Problems with some U.S. crude oil exports, more concerns for the IMO2020 switch, and the lessening impact of Donald Trump’s oil tweets.
Stepping into the system is expected by this economist to be Donald Trump, using emergency powers to halt exports of diesel fuel
The IEA came out with some detailed numbers on what the impact of IMO2020 will be on diesel demand. But its estimate of non-compliance is a lot more than that of a panelist at CERAWeek.
International oil major BP has announced that it will retail a new very low sulfur fuel oil following successful sea trials, however, it has not released a date when sales will begin. The fuel will have a maximum sulfur content of 0.5 percent and will be sold by BP around the world. BP is one of several refiners, such as Shell and Sinopec, that are offering or are researching low-sulfur fuel.
Biggest trade lane into North America saw price surge last year that may not ease up much as double-digit increases seen in rates for 2019.
Also this week: another hint at what IMO2020 might do to prices; more signs that the OPEC cuts are real and are taking hold.
Stockpiles in the country are building up. Also: more hints on the price of fuel in a post IMO2020 market; Russia’s lack of assistance to OPEC
The EIA becomes one of the first major forecasters to put a price per gallon estimate on what is going to happen to diesel prices when the new rule kicks in.
Also in the pickup: better tools for sleep apnea instruments in sleeper berths; does Buffet care about BNSF’ OR?
