Tom Barlow-BrownShipowners could save up to 16%, or USD 21 million, over a vessel’s lifetime by adopting cost-efficient strategies for FuelEU Maritime compliance, according to a new white paper from DNV, released today (5 December).
The report outlines key recommendations, including securing long-term fuel agreements, implementing energy efficiency measures, and leveraging pooling to share costs. DNV also highlights the importance of digital tools to access verified emissions data, which is critical for compliance and maintaining operational and commercial integrity.
The FuelEU Maritime regulations, effective 1 January 2025, set stringent greenhouse gas (GHG) intensity limits for ships over 5,000 gross tonnage (GT) operating in the EU/EEA. The rules use a well-to-wake calculation, encompassing emissions from fuel production, transport, and onboard combustion. Ships using wind-assisted propulsion may receive credits to offset emissions.
‘Understanding the requirements and available compliance options is critical for shipowners,’ said Knut Ørbeck-Nilssen, CEO of DNV Maritime. ‘Adopting the right measures can significantly reduce costs, while paying penalties could prove far more expensive.’
DNV highlights that further regulations are on the horizon, with the International Maritime Organization (IMO) expected to adopt a net-zero framework in late 2025, likely coming into effect by mid-2027. Shipowners are urged to act now, with DNV hosting webinars to guide stakeholders through these regulatory shifts.
The full whitepaper can be found here.
Image: Shutterstock
Ian Taylor
