Stay Informed:
 Maritime Regulations and Shipping News

As the maritime industry tackles FuelEU Maritime and EU ETS, the business case for Onshore Power Supply (OPS)—also known as shore power or cold ironing—is becoming increasingly interesting for shipping companies. By allowing vessels to reduce their fuel consumption while at berth and draw power from the local electricity grid, OPS reduces at-berth emissions, and can help save FuelEU Maritime penalties and EU ETS costs. This week's newsletter dives into what OPS is, whether it

With the FuelEU Maritime Regulation now in effect, LNG-powered vessels are in a unique position. Their lower greenhouse gas (GHG) intensity compared to conventional marine fuels provides an opportunity to generate compliance surpluses at no extra OPEX. But can an LNG vessel rely solely on banking surpluses to stay compliant in the long run? And more importantly, should it? This week’s newsletter explores whether LNG ships can "bank their way" through FuelEU Maritime complianc

With the introduction of FuelEU Maritime following the famous EU ETS, shipping companies must make strategic decisions about meeting their compliance obligations at the lowest cost. Two of the most prominent pathways are: Using biofuels to reduce a vessel’s greenhouse gas (GHG) intensity. Purchasing surplus and pooling to offset compliance deficits at a lower cost. But when is one option better than the other? Using real biofuel market data, we provide a FuelEU surplus value

In our previous newsletters, we examined different business cases for compliance with FuelEU Maritime. We specifically focused on biofuel vs pooling and e-LNG. These case studies considered compliance costs under FuelEU Maritime alone. However, for shipping companies, compliance costs also include EU ETS (Emissions Trading System). Overview of EU ETS As a reminder, the EU ETS is a significant regulation that puts a price on each tonne of CO2 emitted within its scope. Beginnin

BetterSea Co-Founder Honored for Leadership in Maritime Decarbonization BetterSea is proud to announce that our co-founder, Dr. Gordana Ilic, has been named among the Top 100 Women in Shipping for 2024 by AllAboutShipping.co.uk. This prestigious recognition highlights her significant contributions to maritime innovation and sustainability. Dr. Gordana Ilic's leadership has been instrumental in advancing BetterSea's mission to support the maritime industry's transition toward

Throughout recent years, and especially last year, LNG has emerged as a widely used transition fuel, offering lower CO2 emissions compared to other fossil fuels. As described previously, under the FuelEU Maritime Regulation, LNG vessels are at an advantage over other fossil fuel ships due to their lower greenhouse gas intensity. Looking beyond fossil LNG, bio-LNG is already a common surplus generator under FuelEU, especially seen as the enabler of some of the super pools offe

Collaboration Enhances Digital Solutions for FuelEU Maritime Compliance. BetterSea is proud to announce a strategic partnership with Oceanly, a leading provider of digital solutions for the maritime industry. This collaboration aims to integrate BetterSea's leading FuelEU Maritime compliance tools with Oceanly's advanced performance monitoring systems, offering shipowners a comprehensive suite to navigate the complexities of maritime decarbonization regulations. The partnersh

The new partnership will allow NorthStandard members heavily discounted access to the BetterSea FuelEU Maritime Compliance service, including their in-house digital support resources. NorthStandard has announced an exclusive collaboration with leading maritime digital decarbonisation experts BetterSea. The new partnership will allow NorthStandard members heavily discounted access to the BetterSea FuelEU Maritime Compliance service, including their in-house digital support res

As the FuelEU Maritime regulation takes effect, companies must choose between paying the penalty, switching to biofuels, or pooling surplus from over-compliant ships. Each option has significant financial implications. This week, we present a case study comparing real-world costs for a non-compliant vessel, helping companies identify the most cost-effective strategy. Evaluating FuelEU Maritime Compliance Costs Scenario Overview A sample containership consumes 10,000 tonnes of