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 Maritime Regulations and Shipping News

The end of a FuelEU Maritime reporting year doesn't mean the work is done. On the contrary, it marks the beginning of an interesting post-reporting process that is as critical as the operations throughout the year. It requires this process to be laid out in great detail, clarify the timeline, procedural options, and the sequence companies have to follow between January and June of the following year. Understanding these steps is essential to ensuring compliance and avoiding c

One of the lesser-discussed but tricky elements of the FuelEU Maritime Regulation is the power of administering states to conduct retrospective checks, reviewing and re-verifying compliance data after it has already been submitted and even accepted. This retrospective power can reach back two full compliance periods and can have significant implications. What happens if a ship’s 2025 data is reassessed in 2027? What if that vessel was part of a pool that was declared complian

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

With the introduction of FuelEU Maritime following the famous EU ETS, shipping companies must make strategic decisions about meeting their compliance obligations at the lowest cost. Two of the most prominent pathways are: Using biofuels to reduce a vessel’s greenhouse gas (GHG) intensity. Purchasing surplus and pooling to offset compliance deficits at a lower cost. But when is one option better than the other? Using real biofuel market data, we provide a FuelEU surplus value

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

As the FuelEU Maritime regulation takes effect, companies must choose between paying the penalty, switching to biofuels, or pooling surplus from over-compliant ships. Each option has significant financial implications. This week, we present a case study comparing real-world costs for a non-compliant vessel, helping companies identify the most cost-effective strategy. Evaluating FuelEU Maritime Compliance Costs Scenario Overview A sample containership consumes 10,000 tonnes of

With the FuelEU Maritime compliance mechanisms taking full effect and the FuelEU Marketplace officially starting this month, early movers on BetterSea's platform now have access to an exclusive, limited-volume surplus offer, marking the beginning of a new era in maritime compliance. This is your chance to secure surplus early - to learn more about how this can fit into your compliance strategy, reach out to our team today at info@bettersea.tech With the compliance year 2025 i

The implementation of the FuelEU Maritime Regulation has introduced compliance mechanisms that connect legal, operational, and financial responsibilities. These changes affect ship owners, charterers, and ship managers while opening the door to even more players, such as fuel suppliers and EUA traders. This week, we explore the complex, evolving, and dynamic web of FuelEU stakeholders and discuss the opportunities and challenges ahead. Stage 1: The ISM Company is at the Heart

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