FuelEU Maritime into force from 1 January 2025
FuelEU Maritime
Since 1 January 2025, FuelEU Maritime has come into force. FuelEU Maritime is part of the ‘Fit for 55’ legislative package to reduce the EU's greenhouse gas emissions by at least 55% by 2030 and be climate neutral by 2050, and is thus a complementary measure to EU ETS ECSA (European Community Shipowners' Associations) is an umbrella organization representing European shipping companies. It advocates for the maritime industry's interests at the European Union and other international organizations. ECSA promotes safe, sustainable, and competitive shipping and lobbies for policies that positively impact the sector. . The measure applies to all seagoing ships over 5,000 gross tonnes (GT) In shipping, 'GT' (Gross Tonnage) measures a ship's size, not by weight but by volume. It accounts for the total internal space, including cargo holds, cabins, and machinery areas. GT is used to assess a ship's overall size and influences costs and operational regulations. used to transport passengers or cargo to, from and between Norwegian, Icelandic and EU ports.
FuelEU Maritime aims to increase the use of renewable and low-carbon marine fuels and alternative energy sources in seagoing ships. This is done by tightening the greenhouse gas intensity of fuels used on board ships every five years. This means that marine fuels will have to meet stricter emission requirements, including emissions during the production of those fuels and energy carriers.
In addition, from 1 January 2030, there will be a shore power Shore power is a system that provides ships with electrical energy while they are docked. This reduces the use of onboard diesel generators, decreasing air pollution and noise. Shore power allows vessels to operate cleanly and efficiently during their stay in port. obligation in Norwegian, Icelandic and EU ports for container and passenger ships with a gross tonnage of 5,000 GT or more.
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BIMCO BIMCO (Baltic and International Maritime Council) is an international organisation representing the interests of the shipping industry. Founded in 1905, BIMCO drafts model agreements and clauses for shipowners and shipping companies to use. In addition, BIMCO promotes best practices and policies within the maritime industry worldwide has developed model clauses that shipowners can use in their charterparties A charterparty is a legal document between a shipowner and a charterer (hirer) to lease a ship or cargo space. It outlines agreements such as the duration of the lease, freight costs, loading and unloading locations and dates, responsibilities, and terms and conditions. can include. These clauses provide an allocation of risks and costs between contractual counterparties.
Currently, BIMCO has published the following two model clauses on its website:
FuelEU Maritime Clause for Time Charter Parties 2024
FuelEU Maritime Clause for SHIPMAN 2024
The model clause for voyage charter parties has not yet been finalised. It is expected that the BIMCO Documentary Committee will discuss and adopt it in the foreseeable future.
More information
More information can also be found on the European Commission's website here:
Decarbonising maritime transport – FuelEU Maritime - European Commission
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