Tag: Fit for 55

The sixth edition of the EU Blue Economy Report which analyzes the scope and size of the Blue Economy in the European Union, has been published.

EMSA (European Maritime Safety Agency) demonstrates how ,in 2022, they supported the European Commission on the maritime dimension of the European Green Deal, focusing on the legislative initiatives linked to the Fit for 55 package.

FuelEU is a draft Regulation, part of the EU’s ‘Fit for 55’ package, which aims to incentivise the use of renewable and low-carbon fuels on ships to reduce greenhouse gas (GHG) emissions (CO2, CH4 and N2O). The final draft text of the Regulation is not yet available, but Lloyd's Register has issued a Class News paper to provide information about it.

ECSA highlights that the FuelEU Maritime Regulation is crucial for promoting the uptake of sustainable and scalable fuels in shipping.

The European Council and the European Parliament reached a provisional political agreement on important legislative proposals of the ‘Fit for 55’ package, including the EU ETS maritime

The “Fit for 55” proposals and more particularly AFIR, EU ETS and Fuel EU were among the topics that were extensively debated during FEPORT General Assembly meeting held in Brussels on November 30th.

On November 29, EU negotiators agreed to bring shipping into the EU’s carbon market (ETS), after landing preliminary agreement for CO2 quotas for maritime.

FEPORT supports the Fit for 55 proposals as key building blocks to allow the decarbonization of the EU economy towards climate neutrality by 2050, including those proposals aimed at the greening of maritime shipping such as FuelEU Maritime and the EU ETS revision.

As there are ongoing discussions around the potential expansion of the European Union Emissions Trading System (EU ETS), MSC provided an update on how these changes may impact ship operations and its clients.

As negotiations on FuelEU Maritime and EU Emission Trading System (ETS) enter the last phase, the Global Maritime Forum (GMF) is calling on EU policymakers to raise the climate ambition in these policy proposals.