The beginning of 2025 marked the entry of FuelEU, the robust European legislation imposing major costs on shipowners for their vessel emissions.
Carriers have already announced their intention to pass these FuelEU costs on to their customers, Hapag-Lloyd having warned prices would “roughly double“.
Shipowners will pay around three times the cost of very-low-sulphur fuel oil (VLSFO) energy equivalent, or €2,400 per tonne, for non-compliance with FuelEU, an amount set to increase …
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