Tag: FuelEU Maritime

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.

FuelEU Maritime comes into force in precisely 211 days and aims to drive fundamental, disruptive change, to reshape the industry around us well before 2050 stressed ABS Chairman and CEO Christopher J. Wiernicki as he launched the Posidonia Shipping Exhibition.

Shipowners need to prepare in detail for the requirements and compliance of the next phase of environmental regulations, writes Stamatis Fradelos, VP Regulatory Affairs, ABS.

Eleni Antoniadou, Lawyer at Gard P&I Club, and Neil Henderson, Senior Executive, Legal and Corporate Affairs - Industry Liaison at Gard P&I Club present three key solutions for FuelEU Maritime compliance. 

The Global Maritime Forum (GMS) has released an insight brief to shed light on the ways compliance mechanisms influence voluntary book-and-claim-enabled activities, using the FuelEU Maritime (FEUM) regulation as a case study.

BIMCO has established a dedicated subcommittee to examine the implications of the FuelEU Maritime Regulation, a key component of the EU's Fit for 55 legislative package.

The European Community Shipowners' Associations (ECSA) has presented policy priorities for the next five years, focusing on four pillars which are based on ESG (Environmental, Social and Governance) principles. 

According to World Economic Forum (WEF), with 90% of traded goods being transported across the ocean, the shipping industry stands at the heart of the global economy.