FuelEU Archives - The Loadstar Making sense of the supply chain Tue, 05 Nov 2024 12:29:24 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 31889032 How to avoid ‘a wave of regulatory pain’ from Fuel EU Maritime rules https://theloadstar.com/how-to-avoid-a-wave-of-regulatory-pain-from-fuel-eu-maritime-rules/ https://theloadstar.com/how-to-avoid-a-wave-of-regulatory-pain-from-fuel-eu-maritime-rules/#respond Tue, 05 Nov 2024 11:47:53 +0000 https://theloadstar.com/?p=284294 Companies need to be prepared for the introduction of FuelEU Maritime in less than two months – those without updated digital solutions could find themselves riding “a wave of regulatory pain”, according to director of performance at smart shipping innovation platform Navtor, Jacob Clausen. 
The regulation, coming into force on 1 January, sets targets for the greenhouse gas (GHG) intensity of the energy used on a ship, with targets getting stricter every five ...

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]]> https://theloadstar.com/how-to-avoid-a-wave-of-regulatory-pain-from-fuel-eu-maritime-rules/feed/ 0 284294 Greener vessels could turn a profit under FuelEU programme https://theloadstar.com/greener-vessels-could-turn-a-profit-under-fueleu-programme/ https://theloadstar.com/greener-vessels-could-turn-a-profit-under-fueleu-programme/#respond Thu, 03 Oct 2024 11:56:06 +0000 https://theloadstar.com/?p=281932 Unlike EU ETS, FuelEU has the rare distinction of being a regulation from which carriers stand to gain – and it could even engineer a situation in which ships are “paid to bunker” green fuels, explained Albrecht Grell, OceanScore MD, this week.
FuelEU’s ‘pooling’ provision will give some ships which bunker biofuel a ‘surplus’ which can be exchanged with other vessels.
This means that, rather than use new green fuels themselves, shipowners ...

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]]> https://theloadstar.com/greener-vessels-could-turn-a-profit-under-fueleu-programme/feed/ 0 281932 More EU ‘greener shipping’ regulations loom, with ‘significant’ penalties https://theloadstar.com/more-eu-greener-shipping-regulations-loom-with-significant-penalties/ https://theloadstar.com/more-eu-greener-shipping-regulations-loom-with-significant-penalties/#respond Thu, 16 May 2024 12:28:05 +0000 https://theloadstar.com/?p=272089 Shipping companies should start preparing now for the FuelEU Maritime regulation, as the deadline for submitting plans to monitor fuel type and consumption looms, warned the co-MD of maritime technology specialist OceanScore, Albrecht Grell.  
FuelEU is part of the European Union’s Fit for 55 package, aiming to increase the use of renewable and low-carbon fuels in the shipping sector. 
It demands that energy used by ships of more than 5,000 gross ...

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]]> https://theloadstar.com/more-eu-greener-shipping-regulations-loom-with-significant-penalties/feed/ 0 272089 Shipping’s decarbonisation journey is under way https://theloadstar.com/shippings-decarbonisation-journey-is-under-way/ https://theloadstar.com/shippings-decarbonisation-journey-is-under-way/#respond Tue, 14 May 2024 09:46:13 +0000 https://theloadstar.com/?p=271789 There has been a gradual transition in the way the shipping sector perceives decarbonisation. In the recent past, it was more of an aspirational ideal to which only lip service was paid. This was due to there being no commercial incentive to act, coupled with a lack of recognition of the significant carbon footprint of the shipping sector on the environment, climate and society.
However, the sector is now committed to ...

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]]> https://theloadstar.com/shippings-decarbonisation-journey-is-under-way/feed/ 0 271789 zero44 releases FuelEU Maritime Calculator https://theloadstar.com/zero44-releases-the-publicly-available-fueleu-maritime-calculator/ https://theloadstar.com/zero44-releases-the-publicly-available-fueleu-maritime-calculator/#respond Wed, 20 Mar 2024 11:13:16 +0000 https://theloadstar.com/?p=267626 PRESS RELEASE
Berlin, 20 March 2024 – zero44, provider of digital CO2 management solutions, has today released its “FuelEU Maritime Calculator”. zero44 has developed this tool to enable shipping companies to quickly and easily understand the financial impact that the planned FuelEU Maritime regulation will have on their business. The results are estimates and not binding, but provide a good initial basis for dealing with the costs and cost factors of ...

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]]> https://theloadstar.com/zero44-releases-the-publicly-available-fueleu-maritime-calculator/feed/ 0 267626 ‘Pooling’ ships could save millions in EU ETS payments, says report https://theloadstar.com/pooling-ships-could-save-millions-in-eu-ets-payments-says-report/ https://theloadstar.com/pooling-ships-could-save-millions-in-eu-ets-payments-says-report/#respond Thu, 08 Feb 2024 13:48:44 +0000 https://theloadstar.com/?p=264737 As the EU ETS standards set in, classification society Lloyd’s Register (LR) has released a report illustrating some of the ways shipowners might try to play the system in the coming years.
The Loadstar has covered the incentives for ETS-dodging: shippers face higher costs for operating within European waters, as transhipment facilities in the Mediterranean face being undercut by non-EU competitors – Egypt’s Port Said and Morocco’s Tangier Med, for example, ...

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]]> https://theloadstar.com/pooling-ships-could-save-millions-in-eu-ets-payments-says-report/feed/ 0 264737 Trucking looks set to push for more use of biofuel in Europe https://theloadstar.com/trucking-looks-set-to-push-for-more-use-of-biofuel-in-europe/ https://theloadstar.com/trucking-looks-set-to-push-for-more-use-of-biofuel-in-europe/#respond Mon, 25 Sep 2023 11:58:30 +0000 https://theloadstar.com/?p=255486 As the EC FuelEU Maritime sidelines biofuels on environmental grounds, the trucking industry has begun a push to increase its adoption for road transport in the UK.
The UK Department for Energy Security & Net Zero released its Biomass Strategy in August, which specifies that, with limited supply available, biomass should be allocated to hard-to-decarbonise sectors, such as power, heating and transport.
However, which transport sectors are the most deserving remains an open ...

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]]> https://theloadstar.com/trucking-looks-set-to-push-for-more-use-of-biofuel-in-europe/feed/ 0 255486 EU initiative will ‘kick-start’ large-scale production of sustainable maritime fuels’ https://theloadstar.com/eu-initiative-will-kick-start-large-scale-production-of-sustainable-maritime-fuels/ https://theloadstar.com/eu-initiative-will-kick-start-large-scale-production-of-sustainable-maritime-fuels/#respond Wed, 26 Jul 2023 12:29:48 +0000 https://theloadstar.com/?p=252168 The much-anticipated FuelEU maritime initiative has been adopted by the European Council, heralding a far more conclusive campaign of ship emissions reduction than anything agreed at the IMO this month.
The new measures force passenger ships and container vessels to plug into shore power, running their systems on grid electricity, ensuring they will not emit exhaust gases while alongside.
The initiative is focused on so-called renewable fuels of non-biological origin (RFNBO), which ...

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]]> https://theloadstar.com/eu-initiative-will-kick-start-large-scale-production-of-sustainable-maritime-fuels/feed/ 0 252168 EU signals end of fossil fuel era, as deadly floods sweep across Europe https://theloadstar.com/eu-signals-end-of-fossil-fuel-era-as-deadly-floods-sweep-across-europe/ https://theloadstar.com/eu-signals-end-of-fossil-fuel-era-as-deadly-floods-sweep-across-europe/#respond Mon, 19 Jul 2021 13:40:13 +0000 https://theloadstar.com/?p=175932 The EU’s ‘Fit for 55’ package announced on 14 July is the clearest policy-signal yet that the transition to net-zero is gathering steam. Aimed at transforming the European economy in pursuit of the EU’s ambitious climate goals, the package consists of a raft of legislative proposals designed to accelerate the decarbonisation of energy, land use and transport. It could mark the beginning of the end of the fossil fuel era ...

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