The most expensive FuelEU strategy is to do nothing
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 storyWe're proud to present the Siglar Carbon Ship Finder, a digital tool allowing ship charterers to compare carbon emissions from ships at the click of a button. Access to emissions data prior to fixing empowers spot charterers to reduce emissions at scale and cut costs at the same time.
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With increased expectations on reporting and reducing emissions through the value chain, reporting shipping emissions is becoming the norm. Collecting emissions data can also unlock great commercial opportunities. In this article we have summariszed some of the benefits from collecting emissions data from chartering.
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Shipping’s inclusion in the European Union’s Emissions Trading System (EU ETS) will bring carbon pricing to the maritime sector for the first time and the cost will eventually be added to the charterer's freight rate. One way to prepare, is by understanding what the EU ETS means to the charterer.
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