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

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

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

As we approach 2025, companies preparing for FuelEU Maritime compliance will need to adapt to yet another update: the shift from AR4 (IPCC’s Fourth Assessment Report) to AR5 (IPCC’s Fifth Assessment Report) Global Warming Potentials (GWPs). This adjustment has been mentioned by the European Maritime Safety Agency (EMSA) to be implemented before the start of FuelEU Maritime in January 2025 and will affect how greenhouse gas emissions are calculated for compliance under the reg

Following up on last week’s newsletter on emission factors, this week we’ll focus on the practical application of those factors: calculating the GHG intensity of a ship under FuelEU Maritime. Using the example question posed on our LinkedIn quiz, we’ll provide a guide on how to correctly calculate the GHG intensity based on an example with a containership using heavy fuel oil (HFO). What is GHG Intensity? Under FuelEU Maritime, the GHG intensity is the ratio of total greenhou

This week, we’re exploring a case study to illustrate the impact of the fuel allocation mechanism under the FuelEU Maritime. General Overview of FuelEU Maritime Regulation The FuelEU Maritime Regulation aims to reduce the maritime sector's greenhouse gas (GHG) emissions, targeting a 6% reduction by 2030 and 80% by 2050. The regulation mandates stricter emissions reporting and compliance with GHG intensity limits for ships operating to/from or within the EU, promoting the use