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IBIA Highlights BetterSea’s Insights on EU ETS, FuelEU Maritime, and IMO Net-Zero Framework. At the recent IBIA (International Bunker Industry Association) Member Meeting held on April 14, 2025, industry stakeholders convened to discuss the key outcomes from the IMO's Marine Environment Protection Committee (MEPC) 83 session. IBIA featured BetterSea’s latest blog post analyzing the financial implications of the IMO’s Net-Zero Framework, EU Emissions Trading System (EU ETS), a

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

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

Insights on Navigating FuelEU Maritime. At the 10th annual Middle East Bunkering Convention (MEBC) held in Dubai, BetterSea's co-founder, Max Schroer, contributed to a pivotal session titled “It’s Complicated: The Ramifications of Global and Regional Regulations.” This session delved into the complexities of emerging maritime environmental regulations and their impact on the shipping and bunkering sectors. Schroer shared his expertise on: EU Emissions Trading System (EU ETS):

With more and more decarbonisation regulations, the shipping industry is seeing a growing influence from carbon pricing mechanisms. The FuelEU Maritime regulation is the EU's most recent way of tackling shipping emissions, but it’s not the only one. Regulatory carbon markets, such as the existing EU Emissions Trading System (EU ETS), and other globally or regionally discussed systems are setting the stage for a future where carbon costs will shape maritime. This week, we expl