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 Maritime Regulations and Shipping News

FuelEU Maritime is now transitioning from a phase of preparation into one of execution. Over the first compliance year, market participants have developed compliance strategies based on assumptions. Surplus positions were modelled, pooling arrangements were structured, and commercial transactions were entered into on the expectation that these structures would translate into regulatory outcomes once the FuelEU Database and its operational framework became operational. With th

Pooling is one of the compliance mechanisms under the FuelEU Maritime Regulation and offers an advantageous but new compliance option. By redistributing compliance surpluses and deficits within a defined group (pool) of vessels, pooling can optimize compliance costs and even create financial opportunities. However, as a new approach, it comes with specific rules and challenges that require careful consideration. Believe it or not, BetterSea’s Monday Newsletter has never offic

The upcoming FuelEU Maritime regulation goes beyond just data recording and reporting. It requires an overarching multi-faceted approach to achieve and maintain compliance. Multiple maritime stakeholders must manage responsibilities, assess compliance status, and carefully plan their compliance actions throughout the year. In this week’s newsletter, we break down step-by-step what is required to master compliance with the upcoming FuelEU Maritime Regulation successfully. Alig

A summary of banking as a compliance option under FuelEU and its applicability for different vessels.