De-Risking Your FuelEU Clauses: Complexity Meets Commercial Reality
FuelEU charter party compliance is quickly becoming one of the most complex components of regulatory compliance in shipping. Vessels can generate both compliance surpluses or deficits, which may be:
- Banked
- Borrowed
- Pooled
- Or settled in cash
But biofuel spreads fluctuate, pool prices remain opaque, and every option leads to varying costs and financial consequences.
Mastering FuelEU Charter Party Compliance: What’s at Stake
De-risked C/P clauses must cover multiple dimensions:
- What happens if the charterer pools the vessel – or chooses not to?
- How are periods not covered by the charterer accounted for?
- When and how are cash settlements triggered – and in which direction?
- How do EU ETS strategies interact with FuelEU balances?
Getting this wrong could result in severe cost exposure. Getting it right requires precision and foresight.
OceanScore Can Help
OceanScore’s FuelEU Planner simulates every possible scenario, helping you forecast cost impacts under real-world commercial conditions. Our experts, trusted by over 70 leading shipping companies, are on standby to support your contract strategy and commercial negotiations.
About OceanScore
OceanScore is a Hamburg-based provider of sustainability data and compliance solutions with a strong maritime background. The company offers a range of ESG solutions tailored to the industry’s unique needs.
Contact information:
Albrecht Grell, co-Managing Director, OceanScore.