TECHNOLOGYHACKER NEWS
Fossil Fuels Are 40% of Freight Shipping Tonnage, but Half Its Fuel Use
Fossil fuels account for 40% of freight shipping tonnage but consume 50% of the fuel used in the industry. The article highlights the disparity between cargo volume and energy consumption in shipping.
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- War Diversion Sparks 40% More Ships Refueling in Mauritius Port
- Buyers of US Cooking Gas Cancel Cargoes as Freight Costs Soar
- US Diesel Traders Turn to Rail as War Scrambles Fuel Flows
- Glencore’s Traders Score Big Profits as War Rattles Energy Markets
- Ships are paying millions more for fuel at L.A., Long Beach ports. The costs won't stay there