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BetterSea and Evigo by OSM Thome Form Partnership to Deliver Standardized & Streamlined FuelEU Pooling to Maritime Customers. Under the terms of the agreement, Evigo will white-label BetterSea’s FuelEU Platform, offering it under the Evigo brand. The FuelEU pooling option complements Evigo’s existing services, the collaboration enables Evigo to provide its customers with direct access to BetterSea’s standardized FuelEU pooling framework.

As the first FuelEU Maritime compliance cycle progresses, the surplus market has expanded rapidly. What began as a maritime compliance instrument has evolved into a traded commodity. This evolution has attracted far more participants than the regulation or its creators anticipated. FuelEU Pooling Rights and Their Holders The regulation assigns compliance responsibility to the ISM company, granting them the right to pool. However, contractual arrangements allow for the reassig

Last week, the maritime sector was waiting for a turning point. At the extraordinary MEPC83 session, the International Maritime Organization (IMO) was expected to adopt the long-discussed Net Zero Framework (NZF). Instead, following a geopolitical standoff led by the United States and Saudi Arabia, the decision was deferred. The IMO will now revisit the NZF no earlier than October 2026, effectively pushing back the global decarbonisation timeline by at least one to two years.

The regulatory landscape for shipping has never been more dynamic. Three major frameworks will likely dominate the conversation going forward. Let's explore the side effects of these regulations and how they have changed the industry. EU Emissions Trading System (ETS) Since its extension to maritime in 2024, the EU Emissions Trading System has changed the way owners and charterers collaborate. What was once siloed consumption data is now the basis for voyage statements, EUA r

In mid-October, the International Maritime Organization (IMO) will convene an extraordinary session of the Marine Environment Protection Committee (MEPC) with the purpose of deciding on the adoption of the IMO Net Zero Framework (NZF), a regulatory package that would reshape how greenhouse gas emissions from international shipping are governed. This vote does not take place in a political vacuum. The Trump Administration has already signalled strong opposition, threatening tr

FuelEU Maritime compliance brings new commercial challenges. While the regulation defines penalties and created a surplus trading market, it leaves open how owners and charterers should settle costs and benefits in charter parties. The result? A wide range of FuelEU addendums now circulating in the market. In today's newsletter, we shed light on the different settlement options. General Recap: Charter Party Agreements under FuelEU Maritime End of 2024, BIMCO released its stan

BetterSea Launches the World’s First FuelEU Index, Signaling a New Era of Transparency and Trading Confidence

As shipping companies explore the use of biofuels to meet FuelEU Maritime requirements, the question is no longer whether to blend but how to blend. Today’s case study compares two alternative fuel strategies, both using Bio30 blends but based on different fossil components: MGO and HFO. The difference in cost is smaller than many might expect. Understanding Bio30-MGO vs. Bio30-HFO Both scenarios assume a vessel consuming a combination of fuels, namely 3,000 tonnes of MGO, 50

UECC, BetterSea and Veracity by DNV Demonstrate Streamlined, Real-Time FuelEU Maritime ComplianceThrough Trusted Digital Integration