Tag: FuelEU Maritime

FuelEU will not apply to Iceland after Norway announced its delay, the two maritime States are EEA members, but not EU Member States.

The maritime industry in 2024 showcased a sector striving to balance innovation with pressing safety and sustainability challenges. As we count down to the new year, let’s take a moment to reflect on some key moments from 2024!

Due to delays in incorporating the FuelEU Maritime Regulation into the EEA Agreement, it is unlikely that Norway will implement it by 1 January, 2025.

NAVTOR has unveiled its updated ship operations platform designed to help maritime operators address the complexities of the FuelEU Maritime regulations. The latest release introduces features aimed at streamlining compliance while providing actionable insights into emissions, fuel consumption, and associated regulatory requirements.

zero44 has delved into BIMCO's new FuelEU Clause for Time Charters, focusing on its practical implications for shipowners and charterers.

FuelEU Maritime compliance with the upcoming regulations will be expensive but applying certain strategies can significantly reduce the cost.

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.