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BetterSea Unveils World’s First FuelEU Maritime Pooling Marketplace at Singapore Maritime Week 2024

  • Writer: Maximilian Schroer
    Maximilian Schroer
  • Apr 17, 2024
  • 1 min read

Woman in purple presents on stage beside a large blue screen displaying "World’s First FuelEU Marketplace." Text: BetterSea launch.
Dr. Gordana Ilic Introduces Groundbreaking FuelEU Compliance Platform to Global Maritime Leaders.

During Singapore Maritime Week 2024, BetterSea proudly launched the world's first FuelEU Maritime Pooling Marketplace. Co-founder Dr. Gordana Ilic presented this innovative platform, marking a significant advancement in maritime decarbonization efforts and standardisation of the complex FuelEU Maritime pooling framework.


The FuelEU Maritime regulation introduces complex compliance requirements for shipping companies, including the need to manage greenhouse gas (GHG) intensity through mechanisms like pooling. BetterSea's platform addresses these challenges by offering:


  • Integrated Compliance Solutions: A comprehensive suite that includes internal and external pooling, banking, borrowing, and alternative fuels.

  • Transparent Marketplace: An open platform allowing participants to trade compliance surpluses and deficits with pricing transparency, standardized frameworks, and end-to-end execution.

  • Operational Flexibility: Tools designed for shipowners, operators, managers, and traders to navigate compliance strategies effectively.


Dr. Ilic emphasized the platform's role in simplifying and standardizing FuelEU compliance processes and reducing associated costs. By facilitating collaboration among stakeholders, BetterSea aims to accelerate the maritime industry's transition to sustainable operations and foster trust in the regulatory pooling mechanism through comprehensive standardization.


Read more about BetterSea's FuelEU Compliance Platform with integrated Pooling Marketplace here: https://www.bettersea.tech/fueleu



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