The Fuel EU maritime: pushing for change throughout the entire shippin...

The Fuel EU maritime: pushing for change throughout the entire shipping industry

Published: 06 June 2024

The webinar will seek to explain the relevance of fuel certification and how certification schemes will work under the FuelEU Maritime Regulation. As of 2025, ships calling EU ports will need to ensure that their sustainable bio, low carbon or zero carbon fuels are EU certified and its bunker supply chain registered in the Union Database (UDB). These requirements will apply on fuels purchased in and outside EU.

The FuelEU Maritime Regulation is a part of the EU’s “Fit for 55” package intended to fight climate change by reducing greenhouse gas emissions in shipping. It has the potential to significantly impact the shipping industry, even more so than the EU Emissions Trading System (ETS), and will require stakeholders to take measures to align their contractual frameworks. BIMCO has already established dedicated subcommittees to develop the clauses to address these challenges.

But the FuelEU Maritime will also impact the shipping industry by requiring it to take additional measures when purchasing sustainable fuels, regardless being bunkered in or outside the EU. These fuels will not only need to comply with requirements coming forth from the Fuel EU maritime Regulation, but also other EU regulations such as the Renewable Energy Directive and the EU’s Gas and Hydrogen package.

Bio, low or zero carbon fuels will soon need to be certified to EU sustainability standards by recognised sustainability certification schemes in order for ship owners to be able to count them properly towards their obligations under FuelEU. In addition, companies in the ship’s bunker supply chain will need to be registered in the Union Database. BIMCO’s aim is also to create more awareness and a better understanding of these requirements within the industry.

This first FuelEU webinar will seek to explain the relevance of fuel certification and how certification schemes will work under the FuelEU Maritime Regulation. The ISSC, International Sustainability & Carbon Certification, is an independent multi-stakeholder initiative and leading certification system supporting sustainable, fully traceable, deforestation-free and climate-friendly supply chains. With their certification they contribute to environmentally, socially and economically sustainable production of fuels.

Thomas Bock, Senior System Manager at ISCC will explore the basics of fuel certification by going deeper into how the sustainability of feedstocks can be ensured, how fuels can be tracked through oftentimes complex supply chains, and ultimately how GHG emissions will be calculated and verified along the fuel’s complete life cycle.

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