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 Maritime Regulations and Shipping News

With the adoption of the IMO Net-Zero Framework delayed and political consensus uncertain, regulatory fragmentation becomes a real risk. Regulatory pressure will and in fact is already reappearing elsewhere. The EU has already moved ahead with EU ETS and FuelEU Maritime. The UK is extending its own emissions trading scheme to shipping. African countries have or are implementing national carbon tax schemes.

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