Stay Informed:
 Maritime Regulations and Shipping News

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

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 the FuelEU Maritime compliance mechanisms taking full effect and the FuelEU Marketplace officially starting this month, early movers on BetterSea's platform now have access to an exclusive, limited-volume surplus offer, marking the beginning of a new era in maritime compliance. This is your chance to secure surplus early - to learn more about how this can fit into your compliance strategy, reach out to our team today at info@bettersea.tech With the compliance year 2025 i

The FuelEU Maritime Regulation introduces several compliance mechanisms. These help companies meet their greenhouse gas (GHG) intensity targets. One notable mechanism is borrowing, which allows ships to offset a compliance deficit by using surplus from the following reporting period. This approach may seem straightforward, but it comes with strict limitations, risks, and long-term implications. In this week’s newsletter, we explore how borrowing works, when it is allowable, a

The implementation of the FuelEU Maritime Regulation has introduced compliance mechanisms that connect legal, operational, and financial responsibilities. These changes affect ship owners, charterers, and ship managers while opening the door to even more players, such as fuel suppliers and EUA traders. This week, we explore the complex, evolving, and dynamic web of FuelEU stakeholders and discuss the opportunities and challenges ahead. Stage 1: The ISM Company is at the Heart

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 FuelEU Maritime Regulation introduces additional complexity in both charters as well as SHIPMAN contracts. With BIMCO’s recently published FuelEU Maritime Clause for Time Charter Parties and the approaching end of 2024, the industry is now facing discussions and negotiations for exactly these clauses. This not only elevates the actuality of the regulation’s legal framework but also the internal strategies for compliance that are strongly influenced by those considerations