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FuelEU Maritime is now transitioning from a phase of preparation into one of execution. Over the first compliance year, market participants have developed compliance strategies based on assumptions. Surplus positions were modelled, pooling arrangements were structured, and commercial transactions were entered into on the expectation that these structures would translate into regulatory outcomes once the FuelEU Database and its operational framework became operational. With th

Borrowing under FuelEU Maritime is often described in market discussions as a convenient fallback option. The narrative is simple: if a pool does not work out or surplus cannot be sourced at an acceptable price, the vessel can simply borrow compliance from the following year. This narrative is misleading. Borrowing is not designed as a universal safety net, and in many practical situations it cannot even cover the deficit of a single conventional vessel. In addition, the regu

Each week, more stakeholders enter the FuelEU Maritime pooling market, and with it comes growing uncertainty about what can and should be traded. One recurring misconception is the idea of trading only “already generated surplus.” While it seems like a cautious approach to not buy something that doesn't exist yet, it overlooks the annual nature of FuelEU Maritime compliance. FuelEU Calculations & Annual Energy Consumption FuelEU Maritime does not measure compliance at any sin

BetterSea and Evigo by OSM Thome Form Partnership to Deliver Standardized & Streamlined FuelEU Pooling to Maritime Customers. Under the terms of the agreement, Evigo will white-label BetterSea’s FuelEU Platform, offering it under the Evigo brand. The FuelEU pooling option complements Evigo’s existing services, the collaboration enables Evigo to provide its customers with direct access to BetterSea’s standardized FuelEU pooling framework.

Last week, the maritime sector was waiting for a turning point. At the extraordinary MEPC83 session, the International Maritime Organization (IMO) was expected to adopt the long-discussed Net Zero Framework (NZF). Instead, following a geopolitical standoff led by the United States and Saudi Arabia, the decision was deferred. The IMO will now revisit the NZF no earlier than October 2026, effectively pushing back the global decarbonisation timeline by at least one to two years.

Dr. Gordana Ilic Introduces Groundbreaking FuelEU Compliance Platform to Global Maritime Leaders. During Singapore Maritime Week 2024,...