Stay Informed:
 Maritime Regulations and Shipping News

The FuelEU Maritime Regulation introduces additional complexity in both charters as well as SHIPMAN contracts. With BIMCO’s recently published FuelEU Maritime Clause for Time Charter Parties and the approaching end of 2024, the industry is now facing discussions and negotiations for exactly these clauses. This not only elevates the actuality of the regulation’s legal framework but also the internal strategies for compliance that are strongly influenced by those considerations

As shipping companies work on their strategies for compliance with FuelEU Maritime, they are considering different models for trading compliance surpluses and pooling. Two primary options arose: marketplaces, driven by all individual marketplace participants, and super pools, structured around centralized management by a single provider. Today, we look at the key categories for consideration and the main differences between these models, focusing on structure, transparency, a

BetterSea Calculator Cited for Delivering Cost-Efficient FuelEU Strategy As enforcement of the FuelEU Maritime regulation nears, Lloyd’s List showcases BetterSea as a leading provider of compliance solutions in their article, “FuelEU compliance taking shape as implementation nears.” The piece highlights the sharp financial implications facing shipowners in 2025 and the growing demand for smart, data-backed strategies to navigate these regulations. According to the article, a

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