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 Maritime Regulations and Shipping News

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

In this FuelEU Maritime Masterclass, we will guide you through the upcoming FuelEU Maritime regulation, which will enter into force in January 2025. In an informative discussion, BetterSea co-founders Gordana Ilic and Maximilian Schroer explain the key aspects and mechanisms of the FuelEU Maritime regulation (use of alternative fuels, penalties, pooling, banking, and borrowing), its implication on different maritime stakeholders: ship owners, ship managers, alternative fuel s

BetterSea & its Co-Founder Maximilian Schroer Featured in Industry Insight on EU Emissions Regulations, EU ETS and FuelEU Maritime. The latest issue (25 Winter) of Cruise Times highlights BetterSea and explores the changes introduced by the EU ETS and FuelEU Maritime regulations, mentioning insights on cost-effective compliance strategies by co-founder Maximilian Schroer. As cruise lines brace for the full implementation of the EU’s regulatory framework by 2026, operational c

Selling or buying ships under FuelEU Maritime introduces challenges for both buyers and sellers. The regulation adds complexity to the process, from managing compliance balances to ensuring compliance responsibility between both parties. This week’s newsletter explores the regulatory requirements for ship sales, highlights potential risks, and includes a practical example. Regulatory Requirements for Selling and Buying Ships under FuelEU Maritime The FuelEU Maritime Regulatio

As shipping companies work on their strategies for compliance with FuelEU Maritime, they are considering different models for trading compliance surpluses and pooling. Two primary options arose: marketplaces, driven by all individual marketplace participants, and super pools, structured around centralized management by a single provider. Today, we look at the key categories for consideration and the main differences between these models, focusing on structure, transparency, a

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

FuelEU Maritime and Risk Redefined in Key Industry Panel on Regulatory Impact. BetterSea proudly participated in ARACON 2024, where co-founder Maximilian Schroer took the stage in the conference’s opening session, “Changing Behaviour – The Impact of New Shipping Regulations and Redefining Risk.” Schroer's talk, “FuelEU Maritime: Pooling – Whos and Hows,” addressed the practical mechanics and strategic opportunities of pooling under the upcoming FuelEU Maritime regulation. Fol

BetterSea Calculator Cited for Delivering Cost-Efficient FuelEU Strategy As enforcement of the FuelEU Maritime regulation nears, Lloyd’s List showcases BetterSea as a leading provider of compliance solutions in their article, “FuelEU compliance taking shape as implementation nears.” The piece highlights the sharp financial implications facing shipowners in 2025 and the growing demand for smart, data-backed strategies to navigate these regulations. According to the article, a