IMO 2020

The Panama Canal is designed as a shortcut. It's the most impressive shortcut ever built in the history of mankind. For shippers sending U.S. liquefied natural gas and liquefied petroleum gas to Asia, it drastically reduces voyage time. But when it comes to Asian containers being shipped to the U....

For the trucking and transport industry looking at the start of IMO 2020 next year, with impacts to start hitting in fall 2019, one key equation that needs to be understood is that every ship that installs a scrubber to meet the rule does not need to buy fuel that is drawn out of the diesel pool....

Much of the focus on the IMO 2020 regulation – which limits the sulfur content of fuel used on ships and their emissions to 0.5 percent starting January 1, 2020 – has been on consequences for tanker and container-ship profitability.  But the fallout is much more pervasive than that. Dry bulk...

According to "IMO 2020: A new higher normal for diesel prices?," a new report from the FreightWaves Freight Intel Group, when IMO 2020 goes into effect on January 1, 2020 the domestic U.S. logistics industry, including the shippers it serves, will be grossly unprepared for volatility in the diesel...

On January 1, 2020, the sulfur content of fuel used on ocean-going ships, as well as their emissions, will be capped globally at 0.5 percent. Today, just over six months before the deadline, the effect on fleet capacity at sea and on freight rates for cargo shippers is already apparent, according...

One scenario that has hung over the implementation of IMO 2020 is the possibility that the Trump administration, faced with rising gasoline and diesel costs that could be attributed all or in part to the new regulation, decides to pull the U.S. out of the pact. The setup would fit the current...

A weekly look at what occurred in the oil markets of the U.S. and the world this past week and what's ahead. From left to right: Michael Winstone, Freepoint Commodities; Ananth Srinivasan, V-Tic Services; Giacomo Rispoli, Eni; Ralph Grimmer, Stillwater Associates; Richard Swann, S&P Global...

The global sulfur cap for marine fuel goes into effect in just six and a half months. There has been significant focus on how the new rule, known as IMO 2020, could affect land-based diesel pricing, and how it will upend the market for residual heavy fuel oil. What has yet to garner much attention...

The threat to the trucking industry from the IMO 2020 regulation has always been whether the new rule affecting marine fuels is going to pull so much product from the distillate/diesel supply chain that the pain at the pump affects both trucking capacity and the bottom line for carriers big and...

Delegates at the International Maritime Organization's meeting on the marine environment have started their week long meeting that includes discussions on the implementation of the IMO 2020 sulfur cap, with a lengthy debate on process following interventions that sought to maintain a second...

Meeting the IMO 2020 sulfur regulation should not be a problem for owners when the regulation enters into force in January 2020 but making certain that the enforcement of the regulation is uniformly applied across the globe could prove problematic. International Maritime Organization (IMO)...

The trucking industry should keep a close eye on the forward curve of low-sulfur diesel fuel as implementation of IMO 2020 nears, according to speakers during the third day of Transparency19. Under the IMO 2020 regulation, marine fuels must have a sulfur content of 0.5 percent or less, or scrubbers...

Seaspan Corporation (NYSE: SSW), the largest U.S.-listed lessor of container ships, reported strong quarterly profits driven by a one-off charter renegotiation, and voiced optimistic commentary on broader market trends. Seaspan reported net income of $285.3 million for the first quarter of 2019...

If Brent oil prices move to $90 a barrel in 2019, "just about everyone" will benefit — except for Exxon Mobil Corporation (NYSE: XOM), which is the "least appealing" play, according to Raymond James. The Analyst Analyst Pavel Molchanov downgraded Exxon Mobil from...