Diesel Fuel

Fuels
Regulation & Legislation

EU Council Inks Ship CO2-Monitoring, Reporting Deal

The Council of the European Union announced Dec. 17 that it has reached political agreement on a regulation setting out new EU-wide rules for monitoring, reporting and verification (MRV) of carbon-dioxide (CO2) emissions from ships.

Transportation

Transfennica Adopts Emissions Scrubbing on Nearly Half of Fleet

Amsterdam-based short-sea freight-shipping operator Transfennica announced in early December that it aims to meet upcoming “emission-control area” (ECA) regulations via diesel engine emissions scrubbing in some ships or else a switch to 0.1%-sulfur marine gasoil (MGO) in the other ships.

Distillate Markets
Distillate Markets
Fuels
Regulation & Legislation

Tax-Extender Package Clears Final Hurdle in U.S. Senate

By a 76 to 16 vote, the U.S. Senate on Dec. 16 cleared a $41.6-billion package of tax breaks that the House of Representatives passed earlier this month, clearing the path for President Barack Obama to sign into law in a lame duck session that’s preparing to usher in a new Congress next year.

Fuels
Distillate Markets
Regulation & Legislation