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FuelEU Maritime - Compare compliance options

FuelEU Maritime: Comparing compliance options

The FuelEU Maritime regulation brings significant challenges and uncertainties, particularly regarding compliance responsibilities. It is crucial for shipowners, charterers and ship managers to initiate discussions as early as possible.

But what exactly should they be aware of?

The webinar series below provides a comprehensive overview of the FuelEU Maritime - its risks, market uncertainties, and how the BIMCO Clause helps address these challenges.

If you have any questions regarding the FuelEU maritime, please do not hesitate to reach out to one of our experts in the New Fuels Team or your local Fuel Supplier.

Importance of Compliance Decisions

This video stresses the importance of making well-informed compliance decisions under new regulations. It explains how financial penalties for non-compliance with FuelEU Maritime are more severe than the EU ETS.

Simply “paying the fine” will be costly. Viewers will understand the need for proactive strategies rather than reactive approaches.

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Who is Responsible?

Responsibility under FuelEU Maritime is not as straightforward as it seems.

This video explains how the registered vessel owner is typically accountable, but charter agreements and contracts allow obligations to shift. Viewers gain clarity on ownership, accountability, and compliance roles in practice.

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Understanding Liabilities

Before building a FuelEU compliance strategy, companies must first understand their potential liabilities.

This video explains how liability assessments form the foundation of compliance planning. It provides a clear starting point for developing robust, risk-aware strategies.

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Pooling as a compliance mechanism

The regulation offers companies the flexibility of complying via "pooling".

This video explains how vessels with a compliance surplus can share it with others. It highlights the opportunities and challenges of pooling in the shipping industry.

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Who owns the surplus?

When it comes to surplus compliance, ownership is not clearly defined.

This video shows how perspectives differ between owners and charterers, and why contractual clarity is vital. Viewers learn what needs to be negotiated and documented to avoid disputes.

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Mid-Year Vessel Sales, Pooling Limits & FuelEU Surplus Ownership

Mid-year vessel sales and overlapping charters raise tricky FuelEU Maritime questions: who owns any surplus/penalty and who owns the pooling rights?

This video explores what to consider when charters span different compliance periods, and why ownership of surplus must be confirmed in charter parties and MoAs.

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Penalties and enforcement

The penalties for non-compliance are stricter under FuelEU Maritime than EU ETS.

This video outlines fines, enforcement measures, and deadlines that operators must meet. It makes clear why vessels must stay compliant to avoid costly consequences.

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