FuelEU Maritime Masterclass
Updated: Aug 3
In this FuelEU Maritime Masterclass, we will guide you through the upcoming FuelEU Maritime regulation, which will enter into force in January 2025.
In an informative discussion, BetterSea co-founders Gordana Ilic and Maximilian Schroer explain the key aspects and mechanisms of the FuelEU Maritime regulation (use of alternative fuels, penalties, pooling, banking, and borrowing), its implication on different maritime stakeholders: ship owners, ship managers, alternative fuel suppliers, fuel brokers, commodity traders. They bring unique market insights on how different parties plan to address the topic, what to keep in mind when considering trading compliance surplus, and why strategies such as creating a superpool may seem like a good low-hanging fruit solution, but not necessarily the best one.
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The January 2025 deadline is coming up fast, so the part about pooling and borrowing really stood out to me. I was wondering if smaller ship owners are actually ready for these penalties, or if they will just try to find a superpool to hide in. I found Meowdoku helpful for comparing the different options they mentioned.