The European Commission has introduced Regulation (EU) 2023/2599, which establishes rules for the administration of shipping companies under the EU Emissions Trading System (EU ETS). This regulation is a key step in integrating maritime transport emissions into the EU ETS, ensuring compliance and uniform enforcement across Member States​. Assigning Responsibility […]
Progress in Global Maritime Decarbonization Efforts to reduce greenhouse gas emissions in the shipping industry took a significant step forward as the International Maritime Organization (IMO) recently concluded discussions at the 18th session of its Intersessional Working Group on GHG Emissions Reduction (ISWG-GHG 18). This session focused on refining mid-term
IMO Advances Talks on Shipping Emissions Reduction Read More
A Changing Landscape for Clean Energy Investments Air Products has announced its decision to withdraw from three major U.S. projects, including the sustainable aviation fuel (SAF) expansion in California. This move reflects the evolving challenges in the clean energy sector, where regulatory shifts and economic considerations play a critical role
Air Products Shifts Focus, Exiting U.S. SAF and Hydrogen Projects Read More
The Commission Delegated Regulation (EU) 2025/192 establishes the procedures for accrediting verifiers under Regulation (EU) 2023/1805 for using renewable and low-carbon fuels in maritime transport. It ensures that verification bodies meet strict competence, independence, and transparency standards. Key Accreditation Procedures The regulation outlines requirements for national accreditation bodies, including: Ensuring
The Commission Delegated Regulation (EU) 2024/1773 supplements Regulation (EU) 2022/2554 by specifying regulatory standards for managing ICT third-party risks in financial institutions. It ensures robust digital operational resilience when financial entities rely on external ICT services for critical functions. Key Requirements for ICT Contracts Financial entities must develop a policy
The European Commission has adopted a Delegated Regulation (EU) 2024/6218 outlining the accreditation procedures for verifiers assessing compliance with Regulation (EU) 2023/1805 on the use of renewable and low-carbon fuels in maritime transport. This regulation ensures uniform verification standards across EU Member States. Key Accreditation Procedures The regulation mandates that
FuelEU MARITIME Â DOCUMENTS UPDATE: COMMISSION DELEGATED REGULATION (EU) of 9.9.2024 Read More
The Marine Environment Protection Committee (MEPC) adopted the 2023 IMO Strategy on Reduction of Greenhouse Gas (GHG) Emissions from Ships (MEPC.377(80)) to accelerate global maritime decarbonization. This strategy revises the 2018 Initial IMO GHG Strategy, aligning shipping emissions with the Paris Agreement and the United Nations Sustainable Development Goals (SDGs).
The Commission Delegated Regulation (EU) 2025/192 establishes procedures for accrediting verifiers responsible for monitoring renewable and low-carbon fuels in maritime transport. It supports Regulation (EU) 2023/1805, ensuring compliance with the EU’s FuelEU Maritime initiative and Directive 2009/16/EC on port state control. Accreditation Requirements National accreditation bodies will oversee the assessment,
The Commission Implementing Regulation (EU) 2024/2031 establishes a standardized electronic template for monitoring plans under Regulation (EU) 2023/1805, aimed at ensuring compliance with renewable and low-carbon fuel usage in maritime transport. This regulation aligns with the EU’s broader decarbonization goals. Key Requirements for Monitoring Plans Shipping companies must submit a
The Commission Implementing Regulation (EU) 2024/2027 establishes verification requirements under Regulation (EU) 2023/1805 for using renewable and low-carbon fuels in maritime transport. It strengthens monitoring, reporting, and verification (MRV) processes to ensure compliance with fuel sustainability standards. The regulation mandates independent, accredited verifiers to assess FuelEU reports, risk analyses, and
Key Objectives The regulation is designed to: Compliance and Enforcement Future Outlook This regulation represents a major step toward maritime decarbonization. As technology advances, further amendments may integrate zero-emission fuels, onboard carbon capture, and enhanced enforcement strategies​. By fostering cleaner fuel adoption, the EU aims to set a global standard
The maritime industry is at a critical juncture in its decarbonization journey. A new report by the UCL Energy Institute and maritime consultancy UMAS underscores the urgency for bold financial and policy-driven interventions to drive early adoption of e-fuels. As the industry prepares for the International Maritime Organization’s (IMO) upcoming
The Role of Targeted Subsidies and GHG Levy in Accelerating E-Fuel Adoption in Shipping Read More
The Case for Book-and-Claim in Sustainable Aviation Fuel Distribution The European Business Aviation Association (EBAA) and a coalition of stakeholders, including aircraft manufacturers, operators, airports, and fuel producers, call for a clear plan to implement a book-and-claim system under the ReFuelEU regulations. Their goal is to facilitate the widespread use
Accelerating Sustainable Aviation Fuel Adoption with Book-and-Claim in Europe Read More
The production and supply of sustainable aviation fuel (SAF) are at the heart of Europe’s aviation decarbonization strategy. As the European Union pursues ambitious climate targets, SAF stands out as a key enabler of cleaner air transport. However, achieving large-scale adoption requires a well-structured market that supports both producers and
The Future of Sustainable Aviation Fuel in Europe Read More
The European Commission has released an updated Guidance Document for Non-CO₂ Monitoring, Reporting, and Verification (MRV) to help aircraft operators comply with new regulatory requirements before the Non-CO₂ Aviation Effects Tracking System (NEATS) becomes available later in 2025​. Key Updates: This guidance ensures compliance efforts can begin before NEATS launches,
NON-CO2 MRV DOCUMENTS UPDATE: Guidance Document non-CO2 MRV pre-NEATS Read More
