Stay Informed:
 Maritime Regulations and Shipping News

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

As the maritime industry adapts to the upcoming FuelEU Maritime regulation, one area that presents unique challenges is the compliance of ships with ice class. These are essential for maintaining global trade routes that pass through colder climates. The ships are designed to handle harsh sea ice conditions, but their unique operational needs and technical characteristics also mean higher energy consumption, complicating their efforts to meet the regulation’s greenhouse gas (

The upcoming FuelEU Maritime regulation goes beyond just data recording and reporting. It requires an overarching multi-faceted approach to achieve and maintain compliance. Multiple maritime stakeholders must manage responsibilities, assess compliance status, and carefully plan their compliance actions throughout the year. In this week’s newsletter, we break down step-by-step what is required to master compliance with the upcoming FuelEU Maritime Regulation successfully. Alig

The Baltic and International Maritime Council (BIMCO), one of the world's largest international shipping associations representing ship owners, is actively working on draft clauses for time charter parties to help maritime stakeholders navigate FuelEU Maritime. In today’s newsletter, we share our thoughts on key considerations for FuelEU charter clauses and also touch upon implications on SHIPMAN agreements. Key Considerations for FuelEU Maritime Charter Clauses: Flexibility

As we approach 2025, today’s newsletter focuses on the challenges and opportunities for fuel suppliers under FuelEU Maritime. We’ll explore the key obstacles suppliers may face, such as the need for certification and reporting, as well as the strategies that can help you turn these challenges into opportunities. Infrastructure and Investment Challenges FuelEU Maritime’s mission of increasing the uptake of alternative fuels in shipping requires significant investments in infra

With Maersk’s recent change of heart in its decarbonization strategy, diversifying its fuel portfolio including previously criticized liquified natural gas (LNG), the fuel takes center stage demanding a closer look at its role under FuelEU Maritime regulation. The fuel brings the critical challenge of managing boil-off gas (BOG) within the regulation’s framework. What is Boil-Off Gas and how is it accounted for under FuelEU? Boil-off gas is the vaporized LNG that naturally

This week, we’re providing a guide on how to calculate the FuelEU Maritime penalties. We will go through each required step. 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

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

Welcome to this week’s newsletter! In today's edition, we break down the key dates and requirements for FuelEU to help you stay on track with the FuelEU compliance timeline. Monitoring Plan Submission Deadline: 31 August 2024 The ISM company must submit a monitoring plan for each vessel. The monitoring plan must outline the chosen method for monitoring and reporting emissions. In case a ship is subject to FuelEU Maritime after 31 August 2024, a monitoring plan must be submitt