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With the FuelEU Maritime Regulation now in effect, LNG-powered vessels are in a unique position. Their lower greenhouse gas (GHG) intensity compared to conventional marine fuels provides an opportunity to generate compliance surpluses at no extra OPEX. But can an LNG vessel rely solely on banking surpluses to stay compliant in the long run? And more importantly, should it? This week’s newsletter explores whether LNG ships can "bank their way" through FuelEU Maritime complianc

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

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