Fuel-Trading Routes Revamped as 2020 Dynamics Take Hold
Shippers have fewer than three weeks until new rules kick in forcing them to burn cleaner fuels, but the regulations are already redefining key trade routes in the global oil-product markets.
Commodity Shippers Struggle to Obtain 2020-Compliant Fuel
Ships are struggling to obtain the fuels they need to test them in time for the start of sweeping environmental legislation that takes effect in six weeks’ time, a situation that could ultimately result in vessels having to temporarily halt trading.
Petroleum Institute Chief Economist Optimistic About Diesel Supply
WASHINGTON — The oil refining industry is ready for an upcoming mandate on the type of fuel to be used by the maritime industry, but shippers are scrambling to get ready as the deadline draws near.
New Shipping Fuel Rules Are Starting to Rock the Oil Market
They may still be six months away, but new rules on marine fuels are already sending shock waves through the little-known world of refinery feedstocks.
Diesel Prices May Increase as Cargo Industry Makes 2020 Fuel Switch, Experts Say
The looming adoption of a mandate that will require maritime vessels to burn cleaner fuel is projected to put upward pressure on diesel prices next year, but transportation experts are more concerned about how the change will affect the supply of diesel fuel for trucks.
Tolls, Regulations, Bunker Fuel Costs Could Vex Industry
ATLANTA — Incoming fuel regulations and political gridlock will bring unwelcome expenses and headaches to shipping and trucking companies through next year, according to one policy expert who spoke at SMC3 Jump Start 2019 on Jan. 29.
New Low-Sulfur Rules for Maritime Fuels Force Fleets to Scramble
The International Maritime Organization announced that shippers and global refiners must reduce sulfur content in marine bunker fuels by January 2020, five years earlier than had been expected.
August 29, 2017CMA CGM Stakeholder Looks to Sell and Buy Ports America
Yildirim Holding AS is seeking buyers for its stake in the world’s third-biggest container shipper as the family-owned Turkish company presses ahead with a plan to acquire Ports America Holdings Inc., a U.S. maritime-terminal operator.
Federal Maritime Commission Appoints Karen Gregory Regulatory Reform Officer
Karen Gregory, managing director of the Federal Maritime Commission, has been appointed the agency’s regulatory reform officer, acting Chairman Michael Khouri announced March 13.
March 13, 2017West Coast Labor, Management to Discuss Contract Extension
The Pacific Maritime Association and the International Longshore and Warehouse Union, whose protracted labor dispute disrupted trucking and port operations early in 2015, have targeted Nov. 1 and Nov. 2 for talks to address a potential contract extension.
September 27, 2016