OceanScore has identified persisting EU ETS pain points for shipping such as system readiness, data anomalies, transparency and contractual responsibility after assessing lessons learned from the first year of the regulation, with the clock ticking tow…
OceanScore reviews the first year of EU ETS: what have we learned and what lies ahead? Read More »
Do higher fuel prices lead to greener shipping behaviour? Energy efficiency and decarbonisation Many policy-makers in the European Union (EU) and the International Maritime Organization (IMO) argue that the higher prices that result from emissions pricin…
The price sensitivity of efficiency in shipping Read More »
FuelEU Maritime comes into force in January 2025 and wind propulsion is currently the only technology with a reward factor under the regulation. Vessels will be credited using such technologies by reducing the GHG intensity of energy used onboard. Evid…
Business case for wind propulsion improves as decarbonisation rules kick in Read More »
On November 25, BIMCO released its much-anticipated clause for Time Charter (T/C) Parties under the FuelEU Maritime Regulation, marking a critical step toward industry alignment with decarbonization goals. As we review the clause and engage in discussi…
OceanScore reviews BIMCO FuelEU Clause for Time Charter Parties Read More »
Since the start of 2015, the International Maritime Organization (IMO) has restricted vessels travelling through designated Emission Control Areas (ECA) from using fuel oil bunkers with a sulphur content of over 0.1%. The designated zones include the B…
How will Emission Control Area changes affect fuel oil demand in the Mediterranean? Read More »