FuelEU Maritime

FuelEU Maritime – how to comply with regulations

These are the key dates  and the actions shipowners need to take:

• By 31 August 2024 or within 2 months after first port of call in 2025: Submit the FuelEU Monitoring Plan (MP) to an accredited verifier, such as DNV. This plan should contain an assessment of every ship and provide key details on how emissions will be monitored and reported. Note that a change of verifier requires a re-assessment of the MP.
• By 31 January of each year: Provide the FuelEU report to the verifier. Should there be a change of company, a partial report should be verified within one month after the company transfer.
• By 31 March of each year: Verifier records compliant FuelEU report in FuelEU Maritime database. This should be a full-year FuelEU report.
• By 30 April of each year: Record advance compliance surplus or compliance banking and announce pooling intention in the FuelEU Maritime database. The Verifier records the composition of vessel pools and approves compliance balance.
• By 30 June of each year: Verifier issues FuelEU Document of Compliance. In the event of a penalty, the Document of Compliance is issued by the authorities after receipt of payment.

By following all these steps, you as a shipowner can be assured that you are in compliance with the FuelEU Maritime regulation.

The best way to ensure is to...

Use energy sources of a lower well-to-wake GHG intensity, such as:

• Sustainable biofuels
• Renewable fuels of non-biological origin (RFNBO) (e.g. e-methanol)
• Recycled carbon fuels (RCF)
• Fossil LNG/LPG
• Shore power
• Wind-assisted propulsion

Use the flexibility mechanisms:

• Borrow an advance compliance surplus from the next year (maximum 2%, not allowed for two consecutive periods)
• or include the ship’s compliance balance in a pool of ships (also possible in collaboration with other companies)

Pay the penalty:

Not complying with the well-to-wake GHG intensity target from 2025 will result in a penalty of EUR 2,400 per tonne of VLSFO-equivalent.