Pooling Service Launched for FuelEU Maritime Compliance

CLdN has introduced a new service to assist potential partners in meeting stricter EU environmental standards. The FuelEU Maritime directive (FEUM) is designed to decrease greenhouse gas emissions in the maritime industry by encouraging the use of renewable and low-carbon fuels. However, the use of biofuels, which can significantly reduce emissions, comes at a higher cost of 50-150% compared to traditional fossil fuels. Jasper Meireman, Head of Shipping Operations at CLdN, highlights the challenges faced by companies that are unable to bunker biofuels or operate irregularly in EU waters, as non-compliance with FEUM regulations can result in substantial financial penalties.

Pooling is a mechanism that offers flexibility to ship owners and operators in meeting regulatory requirements and avoiding penalties. It allows companies to combine the performances of different ships, utilizing the over-performance of one vessel to offset the under-performance of others, as long as the overall pooled compliance remains positive. This approach encourages investment in advanced technologies and rewards over-compliance, providing an avenue for companies to comply with regulations while reducing costs.

CLdN, a prominent short sea shipping operator in the EU, owns a fleet of over 30 vessels that cover up to 2.5 million nautical miles annually, primarily in EU waters. The company operates reliable and fixed routes to deliver cargo for customers, with the flexibility to use biodiesel or bio-LNG in their ships. By adjusting their fuel mix to incorporate more sustainable biofuels, CLdN aims to assist other ship owners and operators in meeting regulations and cutting costs. The company’s fleet is already leading in CO2 emission efficiency, with a weighted average fleet emissions of 39g CO2/tonne-km in 2023, surpassing their closest competitor by 19%.

In efforts to reduce fuel consumption and emissions, CLdN has invested in new, larger, and more fuel-efficient vessels, as well as eco-upgrades for existing ships. This proactive approach aligns with the company’s commitment to environmental sustainability and compliance with evolving regulatory standards in the maritime sector.

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