Navigating new fuels legislation

What can be done in a changing maritime environment? Unlock a world of shipping knowledge and connect with our experts for a smoother decarbonizing journey.

Watch our experts
on-demand

Below you will find a range of short videos where key experts discuss different factors in the shipping transition.

The EU is talking about ETS. Do you know why? Our certified trader, Petter Christian Bakke, has some key pointers about the Emissions Trading System. Watch video

The EU is talking about ETS. Do you know why? Our certified trader, Petter Christian Bakke, has some key pointers about the Emissions Trading System.

EU ETS is few weeks away, but what does that mean for shipowners? Watch our experts break it down. Watch video

EU ETS is few months away, but what does that mean for shipowners? Watch our experts break it down.

Being ISCC certified means we are taking part of the maritime fuel transition. In this video, our specialist Ørjan Hauge explains how. Watch video

Being ISCC certified means we are taking part of the maritime fuel transition. In this video, our specialist Ørjan Hauge explains how.

Trader Watch video

Before FuelEU Maritime is enforced, it's all about preparation. Our Head of New Fuels, Frederik Moser, discusses the most important steps.

With 3 generations and 1 important certification, is biofuel the right choice? Mustafa El Zein, New Fuels Advisor, summarizes everything you must know. Watch Video

With 3 generations and 1 important certification, is biofuel the right choice? Mustafa El Zein, New Fuels Advisor, summarizes everything you must know.

Watch Gunnar Kjeldsen- Biofuels Development Manager at Bunker Holding discusses biofuel demand, availability and pricing globally. Watch Video

Watch Gunnar Kjeldsen- Biofuels Development Manager at Bunker Holding discusses biofuel demand, availability and pricing globally.

Maria Skipper Schwenn - Director of Environmental Regulatory Affairs at Bunker Holding, dives into the regulatory jungle with a focus on EU ETS and FuelEU Maritime. Watch Video

Maria Skipper Schwenn - Director of Environmental Regulatory Affairs at Bunker Holding, dives into the regulatory jungle with a focus on EU ETS and FuelEU Maritime.

Navigating new fuels legislation

We understand the importance of staying ahead of the curve in a rapidly changing legislative environment. Here are the new fuels legislations that directly impact our industry, from regional regulations to global maritime directives.

IMO & MEPC 80
Currently in progress

IMO & MEPC 80

The IMO’s Marine Environment Protection Committee (MEPC) revised its strategy to achieve net-zero greenhouse gas emissions by 2050. The most recent MEPC 80 session adopted guidelines on the life cycle GHG intensity of marine fuels (LCA guidelines). It approved amendments to the IMO ship fuel oil consumption Data Collection System (DCS). Interim biofuel guidelines were additionally approved, specifying criteria for sustainable biofuels to enhance a ship’s CII rating.

Carbon Intensity Indicator
Starting 2023

Carbon Intensity Indicator

CII is a measure of a vessel’s operational efficiency for CO2 emissions. It will apply to all cargo and passenger vessels over 5,000 GT. In March 2024, the first annual CII report will be submitted for the calendar year 2023. Vessels will be rated A (best) to E (worst), with stricter thresholds by 2030, requiring immediate improvement actions from vessels rated C to E.

EU ETS
Starting 2024

EU ETS

The EU ETS regulates GHG emissions in the EU/EEA through cap-and-trade, restricting tradable EU Allowances (carbon credits). Starting Jan 1, 2024, the EU ETS will cover cargo/passenger vessels of 5000GRT or more, expanding to offshore vessels in 2027. The scope will cover CO2e from 2024, adding methane (CH4) and Nitrous Oxide (N2O) from 2026. In 2024, companies must monitor, report, and verify emissions, surrendering allowances by September 2025. The phase-in period will increase from 40% allowance in 2024, 70% in 2025 to 100% in 2026. ETS covers ships trading within EU/EEA ports or voyages that begin or end in EU/EEA. It applies to 100% emissions from EU/EEA port trades and 50% emissions from EU/non-EU port trades.

FuelEU Maritime
Starting 2025

FuelEU Maritime

Starting from 1 January 2025, FuelEU Maritime will increase the use of renewable and low-carbon fuels within international shipping in the EU. GHG emission requirements will apply to 100% of energy used on voyages and port calls within the EU/EEA and 50% of energy used on voyages into or out of the EU/EEA.

EU ETS is here

Are you ready?

Register for a meeting with our EU ETS trader here

or get in touch with our experts at bunkers@gibunkering.com