Tag: FuelEU Maritime

The BIMCO FuelEU Maritime Clause for Time Charter Parties 2024 was adopted by BIMCO’s Documentary Committee on 25 November.

FuelEU Maritime, effective January 2025, introduces stringent "well-to-wake" GHG tracking for European vessels, making traditional methods obsolete. NAVTOR's Jacob Clausen suggests a simpler compliance approach.

According to Gard P&I Club, buying a vessel that has operated in the EU after 1 January 2025 may bring unexpected costs.

The Draghi report identifies shipping as one the most difficult sectors to decarbonise, requiring annual investments of 40 billion Euro. It stresses that building a supply chain for alternative fuels is critical for the EU to meet its climate targets, ECSA highlights.

A new white paper by Dr. Jeroen Dierickx for the Methanol Institute finds that the EU’s FuelEU Maritime Regulation and Emissions Trading System (ETS) will create a level playing field for bio- and e-methanol, making them competitive with fossil marine fuels.

The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS) has analyzed the current fuel mix and the potential for meeting the 2025 FuelEU reduction targets.

A recent study from the Mærsk Mc-Kinney Møller Centre for Zero Carbon Shipping highlights worries about the industry's ability to secure enough renewable fuels, especially biodiesel, to fulfill the FuelEU decarbonization targets.

The FuelEU Maritime Regulation , which was adopted by the European Commission in December 2023, sets the maximum limits for the yearly average greenhouse gas (GHG) intensity of the energy used by ships above 5,000 gross tonnage calling at European ports, regardless of their flag.

During the 2024 GREEN4SEA Athens Forum, Dr. John Kokarakis, the Technical Director at SEEBA Zone, Bureau Veritas, delivered a comprehensive presentation on the FuelEU Maritime legislation, which is mainly technical and focuses on fuels. He began by thoroughly exploring the primary objectives of the regulation, providing a detailed analysis of its framework, and offering insights into its advantages and disadvantages.

Navigating the shifting tides of maritime regulations, the FuelEU Maritime initiative emerges as a beacon of sustainability, aimed at curbing greenhouse gas emissions within the shipping industry, Gard highlights.