Fuel costs were overshadowed by skyrocketing freight rates amid the supply chain crisis. Now, fuel costs are much more important.
Surging costs after Russia’s invasion of Ukraine could be a taste of things to come as shipping transitions to more expensive “green” fuels.
Declining ship fuel prices equate to savings for containerized cargo shippers and lower costs for tanker and bulker owners.
The cost of marine fuels is down sharply from the wartime peak, except for ‘clean’ LNG, which is getting even more expensive.
The cost of the fuel consumed by the world’s commercial ships has skyrocketed — and it’s still rising.
Cost of fuel consumed by container ships, bulkers and tankers is effectively at a seven-year high.
Higher fuel prices are bad news for box shippers. Higher fuel spreads are good news for owners with scrubber-fitted fleets.
An exclusive interview with Matt Heider, CEO of voyage-optimization platform Nautilus Labs.
FreightWaves’ Freight Intel Group has released a new study of the impact of IMO 2020 on the U.S. trucking industries (and other industries). Read what may happen to diesel fuel prices.
