The FuelEU Maritime regulation could unexpectedly benefit the shipping industry financially, potentially generating a net gain of around USD$279 million. While an initial compliance gap of 0.8 million metric tons of CO₂e exists, using biofuels to address this could lead to significant revenue opportunities, particularly if operators implement surcharges.
Experts have raised concerns about the $5.4 trillion global maritime industry’s susceptibility to cyber threats. In response, the US Coast Guard introduced a regulation aimed at bolstering cybersecurity for US-flagged vessels and facilities. Effective July 16, 2025, it mandates cybersecurity plans and incident reporting to protect critical maritime infrastructure.
The Fuel EU Maritime Regulation, effective from January 1, 2025, mandates vessels over 5,000 gross tonnage to reduce greenhouse gas emissions gradually. Shipowners must submit a monitoring plan by August 31, 2024, to adhere to the reporting system. Non-compliance penalties can be steep, but options like pooling and trading surplus compliance balances offer flexibility.
The UK ETS Authority is expanding the scheme to include maritime emissions and non-pipeline transport for carbon capture. The goal is to incentivize businesses to reduce emissions and invest in clean technologies. Changes to free allocation rules and recognition of carbon capture’s importance in achieving net-zero targets are planned.
Jacky Im meticulously observes as his robot scales a 32-foot steel wall, monitoring every move with precision. As co-founder of Neptune Robotics, he focuses on deploying waterproof robots to address decarbonization in the maritime industry. Im’s dedication to perfection ensures his robots adhere to their pre-programmed routes flawlessly.
