LNG-Powered Car Carrier
In an effort to deal with rising cost of oil and increased emissions regulations, Japanese manufacturer Kawasaki Kisen Kaisha Ltd announced plans to build a car carrier that will use liquefied natural gas as its primary fuel source. The ship is expected to transport about 2000 vehicles at one time and is set to start operating in 2015.
As natural gas prices continue to fall, the ships higher initial cost is expected to be offset by lower operating costs. Another advantage Read more →


The State of Connecticut (CT) is raising its diesel tax rate by almost 7 cents to $0.462 for every gallon of diesel, highest diesel tax in the northeastern United States. The latest revenue generating measure is meant to aid the budget shortfall despite the fact that Connecticut already has amongst the highest taxes in the nation.







