News / Greener vessels could turn a profit under FuelEU programme

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Unlike EU ETS, FuelEU has the rare distinction of being a regulation from which carriers stand to gain – and it could even engineer a situation in which ships are “paid to bunker” green fuels, explained Albrecht Grell, OceanScore MD, this week.

FuelEU’s ‘pooling’ provision will give some ships which bunker biofuel a ‘surplus’ which can be exchanged with other vessels.

This means that, rather than use new green fuels themselves, shipowners may choose to buy allowance from their colleagues, creating a ...