Marathon Petroleum Corporation’s Post

Do you have a blind spot when it comes to integrating #lubricants into your heavy-duty fleet operations? Read our new article featuring Shell Product Application Specialist Frank Machatschek, where he explores three ways lubricants can reduce costs for fleets by:    ⛽ Improving fuel economy: high-quality lubricants can increase fuel economy and load-pulling power, enhancing a vehicle’s overall productivity.    🔧 Lowering the risk of vehicle breakdowns: high-quality oils target acids and deposits preventing corrosion, reducing the likelihood of breakdowns, unplanned maintenance, and associated costs.    🚚 Extends engine oil: The right lubricant provides protection and enables longer oil-drain intervals, reducing the need for frequent component replacements and lowering maintenance costs.    Learn more about how high-quality lubricants and oils can reduce the cost per kilometre for your heavy-duty fleet. https://lnkd.in/e3NUwfTv   #FleetManagement #lubricants

Had the opportunity to jump onboard this cargo ship to help the oilers make the final connection. Always a pleasure meeting the workers behind the scenes that keep the world supply chain moving. #behindthescenes #oilers #marineoilers #bunkering #bunkerfuel #supplychain

Is your fuel system as efficient as it could be? Fuel sitting idle is costing you. From the time and resources needed to refuel, to the record keeping and the manual oversight, we've found our customers prefer to focus on their actual business rather than fueling their trucks and equipment. Let OSCO streamline your operations with our fleet fueling service. Learn more at OSCOoil.com/fleet-fueling #fuelusers #bulkfueling #fleetrolling #constructionsites #railyards #oscoservice #efficiencyboost #fueloptions #streamlinedoperations #pumpupyourbusiness #chicago #localchicago

Ampol recently celebrated the delivery of their 30th ATE tankers combination, further enhancing their fleet's capacity and reliability. Read more about this milestone achievement here: https://lnkd.in/gKejkWN5 #logistics #fleetmanagement #fuelindustry #supplychain

A question we get asked often. #boats #fueldelivery #gasdelivery #entreprenuers #smallbusiness #charlestonsc https://lnkd.in/ebGQ8AiN

#News #Update Tight Market: Odfjell Customers Eye Older Tankers Due to Limited Newbuilds The chemical tanker market is experiencing a shift as a limited number of new vessels are being ordered. This "tiny orderbook," as described by Odfjell CEO Harald Fotland, is leading some Odfjell customers to consider using older tonnage. Understanding the Situation: Limited New Orders: Fewer chemical tanker companies are placing orders for new vessels, resulting in a smaller pool of available ships. Tight Market Conditions: This limited supply, coupled with potentially steady demand, is creating a tighter market for chemical tankers. Considering Older Options: Faced with these conditions, some Odfjell customers are exploring the possibility of utilizing older chemical tankers that are still operational. Odfjell's Perspective: Odfjell's Fleet: The company's CEO highlights that some of their existing fleet, built in the late 1990s, were designed for long lifespans of up to four decades. Openness to Life Extension Projects: Odfjell is reportedly receptive to collaborating with customers on life extension projects to maintain the operational viability of older tankers. Dialogue with Charterers: The company seems to be engaging in constructive discussions with its customers regarding the use of older tonnage. Market Implications: Potential Rise in Older Tonnage Utilization: The limited availability of new ships could lead to an increase in the use of older chemical tankers, impacting freight rates and safety considerations. Focus on Life Extension: Collaboration between ship owners and operators to extend the lifespan of existing vessels might become more prevalent. Shifting Dynamics: This situation highlights the dynamic nature of the shipping industry, where supply and demand fluctuations can influence fleet utilization strategies. Looking Ahead: The limited orderbook in the chemical tanker market presents a unique challenge. Whether customers extensively utilize older tonnage or favor newbuilds once they become available will depend on market conditions and evolving customer needs. It will be interesting to see how Odfjell and other shipping companies navigate this situation and adapt their strategies. #ChemicalTankers #Odfjell #TinyOrderbook #Newbuilds #OlderTonnage #MarketDynamics #LifeExtension #ShippingIndustry

Did you know lower viscosity engine oils were one of the top three most widely adopted fuel saving techniques of leading US fleet companies? Find out more in this new Shell article, which leans on some eye-opening data from our friends at the North American Council for Freight Efficiency (NACFE). Read the full piece here https://lnkd.in/gxVAJvic #Lubricants #RoadTransport #ShellLubricants

Great that the courts stepped in to stop the reefer truck fees in California, but with all the other regulations around electrification of TRU's still intact, costs will continue to rise. Consumers are already feeling the impact in the cost of food and California has the second highest cost for electricity according to a recent ATRI report. That along with California's 3 largest power generators seeing a growing gap between generation and demand, expect to see more brownouts and blackouts. We all want a cleaner, greener future but the technology and infrastructure must be in place to support it.

📣 2024 marks the 10th anniversary of the Petroleum Driver Passport (PDP) scheme. Read more about "The Downstream Fuel Distribution Forum marks 10 years of vital industry initiative" as featured in today's Fuel Oil News magazine! #PDP10 #RoadTankers #Tankers #PetroleumDriverPassport #PDPassport

The next time you’re thinking “it’s time to change my oil” — and if that thought doesn’t exactly bring a smile to your face — we would like to invite you to come by your local Costa Oil™ - 10 Minute Oil Change and give us a try. Here's why we're not your average quick lube! #costaoil #quicklube #oilchangeservice #smb #corevalues