Month: October 2024

Recorded Live at ARACON 2024

FuelEU Maritime has been described as a “fuel switching regulation” because, once it comes into force, the tables will turn and burning biofuels will finally become cheaper than burning the conventional fuel and paying the fine.

In this 8-minute clip recorded in front of a live audience in Rotterdam, ENGINE’s Managing Editor, Erik Hoffmann, succinctly illustrates the economic impact of the regulation and shows a little known trick on how shipowners can make the most out of their compliance…

Agenda:

• Three ways to approach FuelEU Maritime
• Has it made sense to switch to biofuels in 2024 based on bunker prices and EU ETS?
• Will it make sense to switch to biofuels in 2025 based on bunker prices, EU ETS and FuelEU Maritime?
• The problem with documenting biofuel sustainability in both the Netherlands and the EU, and how it can be fixed

 

About the Speaker

As Managing Editor of the ENGINE News desk, Erik leads a team of journalists who utilise data, first-hand reporting and market knowledge to cover the marine fuels sector and the decarbonisation of shipping.

Erik is a member of the IBIA Alternative Fuels Working Group and regularly delivers talks on future fuels, shipping’s green energy transition, environmental regulations, and the impact of geopolitical events on shipping. Erik is currently working on a research project to map the global biofuels supply chain and develop robust biofuel bunker pricing benchmarks.

 

Recorded Live at Maritime Decarbonisation Europe Conference 2024

In an industry resistant to rapid change, how can shipowners make their demand for cleaner fuels clear?

ENGINE’s Managing Editor, Erik Hoffmann, lays out the critical indicators signalling demand for alternative fuels that fuel producers and suppliers are closely monitoring, plus:

• Are fuel suppliers monitoring the shipping market for dual fuel vessel orders? Do orders signal demand?
• How should shipping companies convey their plans for using alternative fuels to fuel suppliers?
• The role of pilot projects in building assurance of end user demand
• What other assurances or commitments do fuel suppliers need to support the business case to build a new alternative fuel production plant?
• At what prices will the various more sustainable fuels make sense to bunker for ships capable of burning them?

 

About the Speaker

As Managing Editor of the ENGINE News desk, Erik leads a team of journalists who utilise data, first-hand reporting and market knowledge to cover the marine fuels sector and the decarbonisation of shipping.

Erik is a member of the IBIA Alternative Fuels Working Group and regularly delivers talks on future fuels, shipping’s green energy transition, environmental regulations, and the impact of geopolitical events on shipping. Erik is currently working on a research project to map the global biofuels supply chain and develop robust biofuel bunker pricing benchmarks.