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 Maritime Regulations and Shipping News

Today, pooling is widely recognised as a reliable compliance mechanism under FuelEU Maritime. In most commercial discussions, the underlying assumption is that once a pool is agreed, it will be executed. This assumption deserves closer investigation. In practice, pooling is not a single step but a multi-stage process with dependencies and hard deadlines. The successful execution of a pool requires that each of these steps is completed correctly and in sequence by all pool par

Borrowing under FuelEU Maritime is often described in market discussions as a convenient fallback option. The narrative is simple: if a pool does not work out or surplus cannot be sourced at an acceptable price, the vessel can simply borrow compliance from the following year. This narrative is misleading. Borrowing is not designed as a universal safety net, and in many practical situations it cannot even cover the deficit of a single conventional vessel. In addition, the regu

As regulatory obligations under FuelEU Maritime begin to settle into market practice, maritime lawyers and shipowners face new challenges: crafting robust S&P contracts for ships that safeguard from unexpected regulatory and commercial liability. While our previous newsletter addressed the general compliance responsibilities of buyers and sellers ( “Selling and Buying Ships Under FuelEU Maritime” ), this edition moves beyond theory and provides actionable legal guidance for d

The FuelEU Maritime Regulation introduces several compliance mechanisms. These help companies meet their greenhouse gas (GHG) intensity...