In an interview with FreightWaves, SSI Executive Director Andrew Stephens talks about zero-emission shipping fuel and sustainability challenges.
With less than a month until the IMO 2020 regulations go into effect, Ben Thrower writes about the impacts about to hit the maritime industry, importers/exporters and consumers.
Maersk expects ample supplies of low-sulfur fuels to be available in most ports, but warns shippers to expect higher costs.
Amazon is having trouble with late deliveries; OPEC cuts production due to weakening demand growth; Vietnam might face increased tariffs on its U.S. exports.
BLOC recently collaborated with mining company BHP, Japanese shipping company NYK, and biofuel company GoodFuels, to deliver sustainable biofuel to the BHP-chartered, NYK-owned bulk carrier – all via BLOC’s blockchain fuels assurance platform.
Trump government looks to phase out IMO2020 sulfur cap regulations; Shanghai Composite Index crashes by 3%; Amazon revisting cities for finalizing HQ2.
New IMO regulations asking for the shipping industry to cap the sulfur content in its fuel to 0.5% would have far reaching consequences on crude oil refining and potentially send oil prices to $90 per barrel.
Oil prices could go over $90 a barrel by 2020 due to IMO regulations that put a cap on the sulfur emissions in the shipping industry.
