IMO 2020

The scenarios laid out by Valero officials on their third-quarter earnings call painted a picture of a market that already has begun to make moves linked to IMO 2020. Diesel spreads relative to benchmarks like dated Brent crude have been wider over the past several weeks. Gary Simmons, the senior...

The impact of IMO 2020 on diesel prices will be the subject of the lead interview this weekend on FreightWaves Radio. Co-host John Kingston attended the Argus Fuel Oil conference in Miami during the past week and sat down with two of the company's leading analysts, Stephen Jones and Ed Arnold....

Shippers and container lines will likely settle the "who pays how much" dilemma of new low-sulfur IMO 2020-compliant fuels in much the same way as they agree on freight rates: They will simply negotiate a price both parties can live with. That is the view of a growing number of market and fuel...

In a room full of people who will be more deeply affected by the upcoming IMO 2020 rule than just about anybody else in the global economy, the speakers and audience at a Miami conference had few definitive answers on how markets will play out when the new rule goes into effect January 1. The...

Much of the commentary surrounding IMO 2020 is that nothing has happened so far in oil markets. But this seems rooted more in a belief that when the market sees an impact from IMO 2020, it's going to be all at once. It will be the type of event that everyone will know when it happens and can say "...

Calls for mandatory slow steaming and new marine fuel oil taxes to cut shipping's carbon footprint are gathering steam. But so too, it seems, might be the ships – and, if so, the catalyst will be the introduction of environmentally friendly, low-sulfur IMO 2020 fuels, according to one box shipping...

With container line stakeholders facing an additional $11 billion fuel bill next year due to the switch to low-sulfur fuel oil, shipping consultant Drewry has joined with the European Shippers' Council (ESC) to launch a new bunker adjustment factor (BAF) indexing mechanism. The two parties believe...

Maersk Line will only charge for the "extra cost of compliance" as the carrier introduces new IMO 2020 low-sulfur fuels in the coming months. As reported by FreightWaves, shippers and forwarders have expressed dismay about the complexity of the charges being levied by some container lines as they...

Container shipping lines will attempt to pass on extra fuel costs due to the introduction of low-sulfur IMO 2020 fuels next year. If shippers prove unwilling to foot the bill, carriers will likely make major cuts to service levels, according to new analysis by Drewry Shipping Consultants. The...

Good day, The Motley Fool has discovered last-mile logistics. The venerable stock-selection and opinion website had a podcast last week to break down the sector's dynamics. Among the topics: Why robots probably aren't coming for people's jobs anytime soon; how Amazon.com Inc. changed expectations...

If oil prices are going to start moving in reaction to IMO 2020, the last two weeks may have been the time with the first signs of that occurring.  There were enough movements in the market – except for the overall outright price – that could at least lead market observers to speculate that...

File this one under the category of "be careful what you wish for." In a letter to the federal Pipeline and Hazardous Materials Administration (PHMSA) filed as part of a long series of comments by many made to the federal agency, Phillips 66, a leading refiner, brings up the impact on IMO 2020 if...

The introduction of new IMO 2020 low-sulfur fuels and blanked sailings will dominate container markets in the fourth quarter, according to one leading analyst. As reported in FreightWaves, shippers and forwarders have expressed confusion over the timing and transparency of new charges now being...

The widening difference between the price of diesel fuel and the price of Brent crude oil suggests that energy markets are worried about the impact of upcoming maritime fuel regulations. There's a great deal of noise and many opinions about what effect the new maritime fuel regulation, IMO 2020,...

In January 2020 new mandates handed down from the International Maritime Organization (IMO), an arm of the United Nations that writes and enforces global maritime regulations, go into effect concerning sulfur emissions from ships. The new regulations are expected to affect around 60,000 ships...