FincoEnergies FuelEU Pooling

Achieve FuelEU Maritime compliance with FuelEU Pooling

Navigating the complexities of the FuelEU Maritime regulation can be cumbersome. FincoEnergies' FuelEU Pooling enables you to meet FuelEU Maritime requirements, manage costs, and advance your shift to low-carbon operations.

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What is FuelEU Maritime Regulation?

FuelEU Maritime Regulation is an EU policy which came into effect on 1 January 2025, designed to reduce greenhouse gas emissions in the maritime sector.

 

It aims to increase the use of low-carbon and renewable fuels by establishing greenhouse gas intensity limits for energy used on ships by 2% in 2025 up to 80% in 2050, requiring certain vessels to connect to onshore power while at port by 2030, and mandating a quota for renewable fuels of non-biological origin (RFNBO).

 

This regulation is a core part of the EU's effort to decarbonise shipping and aligns with broader climate targets to make the sector more sustainable. 

Your routes to FuelEU compliance with FincoEnergies

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Sail on GoodFuels sustainable biofuels
Choose GoodFuels sustainable biofuels as a low GHG intensity fuel for your vessel.
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Join the pool: benefit from shared reductions
FuelEU Pooling offers pooled emissions for your vessel with verified documentation and flexible compliance.
FincoEnergies FuelEU Pooling

How does FuelEU Pooling work?

1. Determine your compliance balance

Throughout the reporting year, shipping companies need to start estimating the end-of-year compliance balance of their vessels. The compliance balance shows the FuelEU performance of a particular vessel. When performing better than the regulatory requirement, the vessel will end with a positive compliance balance (Surplus). In case vessel won’t meet the regulatory requirements, the vessel will end with a negative compliance balance (Deficit).

2. Secure Surplus throughout the reporting year

If the estimation is that your fleet will end up with FuelEU Deficit, you can secure Surplus via the FincoEnergies FuelEU Pooling solution. It is advised to secure this surplus in time, allowing us to perform a biofuel bunker to our Surplus partners.

3. Select vessels for the allocation of the secured Surplus

Nominate the vessel(s) with which you wish to participate in the FincoEnergies FuelEU Pool and the requested Surplus allocation by no later than 31 January of the Verification Period. Also, the ship-specific FuelEU report needs to be submitted to the MRV verifier by the 31st of January of the Verification Period. For the reporting year 2025, the verification period is from January until June 2026.

4. Allocation instructions and database recording

In April of the Verification Period, FincoEnergies (the pool organiser) provides allocation instructions, officially recording the compliance adjustments in the FuelEU database. This step confirms the balancing of compliance Surplus between over-compliant and under-compliant vessels. The Pooling verification will happen before the 30th of April of the Verification Period and will be handled by a third-party verifier appointed by FincoEnergies.

5. Issuance of document of compliance

By June 30th, under-compliant vessels receive their official Document of Compliance from the verifier, verifying that they have met regulatory requirements through pooling. This document demonstrates adherence to FuelEU standards , using FincoEnergies’ pooled compliance balance to offset compliance deficits.

Key benefits of FuelEU Pooling 

Physical biofuel supplier

With our biofuel supply exceeding 100kt pure biofuels in 2024, we have access to many Surplus-generating vessels.

 

Another benefit of being a physical biofuel supplier is that we can consider hybrid models in which we supply both Biofuels and FuelEU Surplus, giving you maximum flexibility.

Pool Organizer

With Lloyds Register's guidance, we developed FuelEU Pooling as an additional compliance option for shipowners. Consequently, the need for a ‘Pool Organizer’ was identified, a gap FincoEnergies is well-equipped for.
 
As a pool organiser, we will remove the following burdens:
 

1. Generation of Surplus via our trusted biofuel customers.
2. Prefinancing of the generated Surplus throughout the reporting year.
3. Ensuring trustworthy contractual structures to limit non-performance risk to the highest extent.
4. Pool allocation and pool verification via a third-party verifier.

Competitive pricing

With FincoEnergies' FuelEU Pooling, you benefit from cost-effective and competitive pricing.

Need support?

Get in touch with our team

International Marine

enquiry.im@fincoenergies.com

+31 (0)88 021 51 70

Office: Rotterdam 

You have questions, we got answers.

What are the options for complying with FuelEU maritime regulation?

The options for complying with FuelEU Maritime regulation are: 

  • Low-GHG intensity fuels: Use lower-emission fuels, like GoodFuels biofuels from FincoEnergies, to reduce greenhouse gas intensity without modifying engines. 

  • Pooling: Purchase Surplus compliance units from over-compliant vessels within the same pool.

  • Banking: Carry forward Surplus compliance units to future years.

  • Borrowing: Borrow from the following year with a 1.1 repayment multiplier, limited to 2% of annual energy use.
  • Penalty Payment: Under-compliant vessels pay a penalty of €2,400 per tonne of VLSFO energy equivalent, with increased penalties for prolonged non-compliance. 
How does FincoEnergies' pooling solution stand out from the rest?

FincoEnergies' FuelEU Pooling stands out due to three key differentiators: 

 

Physical supply of biofuels: As a large biofuel supplier in the ARA market, FincoEnergies has a strong operational presence, with extensive storage and technical capabilities. This setup allows us to supply biofuels to over-compliant vessels in exchange for Surplus compliance rights, offering flexibility and control over sustainability certifications. 
 
Regulatory expertise and knowledge: With years of experience in sustainability reporting and compliance management, FincoEnergies provides comprehensive support to compliance teams. Their monitoring tools help calculate regulatory compliance, and we ensure all documentation aligns with IMO DCS, EU MRV, and FuelEU Maritime standards. Additionally, our pooling system is developed in collaboration with Lloyd's Register for reliable verification. 
 
Competitive pricing: FincoEnergies offers a cost-effective and competitive pricing mechanism for compliance rights based on widely accepted and regularly updated fuel indexes. This adds value for pool participants seeking predictable and fair pricing in the compliance market. 
How long does FincoEnergies assist pool participants in the pooling process?

FincoEnergies supports pool participants throughout the entire Reporting Period and continues until the pooling process is finalised. This includes ongoing monitoring and preliminary verification, calculating compliance balances by 31 January of the Verification Period and recording verified reports by 31 March. The final verified pool and allocation of Surplus compliance rights is completed by 30 April, with a final Document of Compliance issued by the verifier by 30 June. 

Still questions?  
Please contact us!

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