The opportunity to reduce your FuelEU costs is right now. Waiting could be the most expensive strategy of all. FuelEU adds new costs and complexity, but also a chance to gain a competitive edge. With the right fuel choices and compliance strategy, ship owners can cut costs, avoid penalties, and generate surplus value. The window to act is open, and the best time to act is now.
The full storyTo help our customers cut through the complexity of the Carbon Intensity Indicator (CII), Siglar has developed the voyage CII. When we compare a voyage’s CII rating with the voyage's total emissions, a striking pattern emerges: chartering decisions based solely on CII can actually drive emissions and costs up. In this article, we break down why that happens and walk through common voyage scenarios that illustrate the impact.
The IMO 79th Marine Environment Protection Committee meeting took place this month and discussions around the reduction of GHG emissions from ships took centre stage.
The very short COP27 shipping summary: The drive to decarbonise the shipping sector is growing, parties in the value chain are collaborating and initiatives that show most progress are linked to developing green shipping corridors, zero-emission fuels and vessels, as well as infrastructure to support the transformation of the industry.
