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Stay Informed:
Maritime Regulations and Shipping News
Understanding FuelEU Pooling Market Participants and Related Risks
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. This evolution has attracted far more participants than the regulation or its creators anticipated. FuelEU Pooling Rights and Their Holders The regulation assigns compliance responsibility to the ISM company, granting them the right to pool. However, contractual arrangements allow for the reassig
Oct 27, 20254 min read
Retrospective Compliance Checks: What If Yesterday's FuelEU Compliance Becomes Today's Risk?
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
May 18, 20253 min read
NorthStandard Member? Enjoy 100% off of surplus transaction fees on our FuelEU Pooling Marketplace!
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