Ocean carriers can expect a $2k-3k cost increase per forty-foot container with decarbonization
CEO of Ocean Network Express (ONE) Jeremy Nixon is warning that there will be significant up-front cost associated with the transition to green fuels.
“Ports for People” campaign pushes for Port of LB green energy transition
The Port of Long Beach is currently juggling plans to allow the development of new fossil fuel gas stations at the port, sparking protests from local environmentalists.
Airlines are coming together to create more sustainable aviation fuel
United, Air Canada, Boeing, GE Aerospace, JPMorgan Chase, and Honeywell are partnering to invest $100 million into The United Airlines Ventures Sustainable Flight Fund.
European Unions announces truck CO2 emissions cut of 90% by 2040
Trucks are being given a bit more grace by the EU to get with the green energy program, but they’re being held to a standard, nonetheless.
Why is the US energy output mostly “nonrenewable”?
The US has a long history of relying on nonrenewable energy sources like coal, oil, and natural gas to power its economy.
Electric vehicles may be as affordable as gasoline cars in 2023
While the price tag on electric vehicles has often played a part in why many Americans cannot afford them, sticker prices are beginning to decline.
U.S. natural gas consumer spending grew 37% in 2021
The amount spent on natural gas rose in every state in 2021, nearly doubling in Oklahoma and Texas.
Trafigura reports that 600 tankers transporting Russian fuel are operating globally
Dubbed a “shadow fleet” the crude oil vessels are quietly transporting the EU-banned Russian product.
Saudi Aramco invests in ammonia-powered transportation
The company specializing in the new fuel tech, Brooklyn-based Amogy, is one of the leaders in ammonia-based alternative fuels.
The national diesel average is creeping upward
For the second week in a row, the Department of Energy’s Energy Information Administration (EIA) has reported there was an increase in the national average price per gallon of diesel gasoline.
EU’s Russian fuel ban may cause shortages during NY’s peak season
Seasonal gasoline stockpiles are already at a decade-low, and the ban on Russian fuel means that the East Coasts can’t rely on its backup supplies during the peak driving season over the summer.
Are global fuel prices about to hit new highs?
The European Union’s embargo on coal and most oil originating in Russia is set to take effect on February 5th.
Maersk North America is leaning into the electric trend
Maersk North America provides a range of shipping and logistics services to customers, including ocean transportation, intermodal transport, and supply chain management solutions.
The U.S. suffers refinery outages, and the rest of the world scrambles to fill the oil void
Asian buyers have purchased a minimum of 7 million barrels of heavy-sour Canadian crude for the month of February.
Consumers are willing to wait for sustainably delivered goods, according to survey
Overall, consumers may be willing to delay e-commerce delivery in favor of sustainability because they believe it is the right thing to do, and they see it as a way to support companies that are working to reduce their environmental impact.
Oil storage tank demand is soaring in Singapore
Singapore is expected to be blending Russian fuel and reexporting the shipments, a method that can hide the cargo’s origin in a world filled with Russian sanctions.
Diesel cargos are being diverted away from the EU, days before Russian ban
After months of preparation, the European Union is banning almost all imports from its top diesel supplier, Russia.
Sanctions incoming: the global diesel market is about to experience a shock to the system
Beginning on February 5th, the European Upon and its allies will be implementing the long-anticipated cap on the price of Russia’s fuel exports.
While America’s intentions may be good, fossil fuels aren’t going away anytime soon
Not just globally, but domestically as well.
Fuel price instability: can it be predicted?
Logistics companies and regular U.S. consumers are both preparing for a volatile year to combat the insanity of gas prices over 2022.