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 Maritime Regulations and Shipping News

As regulatory obligations under FuelEU Maritime begin to settle into market practice, maritime lawyers and shipowners face new challenges: crafting robust S&P contracts for ships that safeguard from unexpected regulatory and commercial liability. While our previous newsletter addressed the general compliance responsibilities of buyers and sellers ( “Selling and Buying Ships Under FuelEU Maritime” ), this edition moves beyond theory and provides actionable legal guidance for d

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

As the first FuelEU Maritime compliance cycle progresses, the surplus market has expanded rapidly. What began as a maritime compliance instrument has evolved into a traded commodity, and in doing so, it has attracted far more participants than the regulation or its creators appear to have anticipated. FuelEU pooling rights and who holds them The regulation assigns the compliance responsibility and as such the right to pool to the ISM company. However, contractual arrangements

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.

FuelEU Maritime compliance brings new commercial challenges. While the regulation defines penalties and created a surplus trading market,...

With the FuelEU Maritime compliance mechanisms taking full effect and the FuelEU Marketplace officially starting this month, early movers...

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