EmissionLink has warned that falling FuelEU Maritime surplus prices could reduce compliance costs for shipowners while weakening the regulation’s ability to accelerate the adoption of lower-carbon fuels across the shipping industry

With the first FuelEU Maritime reporting year concluding at the end of June, the company said the regulation has successfully established an active compliance market, encouraging shipowners to embrace pooling arrangements, biofuel use and surplus trading instead of relying solely on financial penalties.