TrueTMS Introduces TrueLiquid Software for Tanker Fleets
Fleet technology startup TrueTMS has launched a transportation management system designed specifically for tanker fleets.
Daily Fuel Tanker Costs Eclipse $100,000 for Some in Red Sea
Some oil tanker earnings have soared above $100,000 a day as the disruption of shipments through the Red Sea persists.
Dry Panama Risks Driving Large Oil Tankers Away From Canal
Dry weather is set to force large oil tankers to completely stop using the Panama Canal, requiring the vessels to extend their voyages by thousands of miles, a shipping researcher said.
Fuel Tanker Demand Booming as More Oil Is Refined
The center of gravity in the global oil-refining complex is shifting sharply eastward — and that’s spurring a boom in the business of building ships to haul fuel around the globe.
Gasoline Shipping Costs Soaring After Russia Sanctions
The cost of moving gasoline and other fuels on ocean-going tankers is soaring days after sanctions targeting Russia’s petroleum sales.
ConMet Digital Partners With Stephens Pneumatics
ConMet Digital announced a partnership with Stephens Pneumatics, a manufacturer of highly customized tank trailers, transporters and vehicle beds, to supply telematics systems for new tank trailer builds.
January 11, 2023Diesel Tankers Projected to Get Biggest Demand Surge Since 1993
Oil tankers hauling fuels such as gasoline and diesel are poised for their biggest demand surge in three decades next year, with disruption to Russian oil flows boosting the distances vessels will have to sail.
US Shipping Rule Waived so Foreign Tanker Can Deliver Fuel
The Biden administration temporarily eased century-old U.S. shipping requirements so a single foreign tanker could transport gasoline and jet fuel to the East Coast, where the Colonial Pipeline outage caused tanks to run dry.
US Targets Sanctions for Iran-Venezuela Oil Tanker Trade
The Trump administration is preparing sanctions on as many as 50 oil and fuel tankers as part of an effort to cut off trade between Iran and Venezuela, according to a person familiar with the matter.
Tanker Truck Industry Faces Challenges as Fuel, Milk Deliveries Decline
Tank truck carriers have been among the trucking industry’s hardest-hit segments during the COVID-19 pandemic.