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Countdown to FuelEU Maritime

 

On this episode of Setting Course, an ABS Podcast, Francesco Bellusci, Managing Director of Scorpio Ship Management, Ricardo Batista, Policy Officer with the European Commission’s DG-MOVE, and Stamatis Fradelos, ABS Vice President of Regulatory Affairs, join host Brad Cox, ABS, to discuss the implementation and challenges of FuelEU. The group discusses wind-assisted propulsion incentives, the role of carbon capture technology and the regulation’s emissions pooling mechanism.

 

Key Points

  • The FuelEU Maritime Regulation aims to decarbonize maritime transport by reducing carbon intensity and promoting the use of renewable fuels.
  • Wind-assisted propulsion is seen as a technology that can contribute to emissions reduction and incentives for using it are included in the regulation.
  • The pooling function in FuelEU incentivizes compliance and rewards overachievers by allowing companies to pool ships and trade surplus emissions.
  • FuelEU is seen as a first step toward global implementation of a similar International Maritime Organization (IMO) regulation.
  • Collaboration and dialogue among stakeholders are essential for the successful implementation of decarbonization measures in the maritime sector.

Episode Guests:

Francesco Bellusci

Managing Director, Scorpio Ship Management

Francesco Bellusci is the Managing Director of Scorpio Ship Management. Francesco was Technical Director in Scorpio from 1995, Designated Person Ashore (DPA) from 1997 and was appointed General Manager in 2008. He has been the Managing Director since 2010.

Ricardo Batista

Policy Officer, European Commission DG-MOVE

Ricardo Batista is a Policy Officer with the European Commission’s Directorate-General for Mobility and Transport (DG-MOVE), Maritime Transport unit. In the Commission, Ricardo is engaged in the development, negotiation and preparatory work for implementing the FuelEU Maritime Regulation under the Fit for 55 package.

Stamatis Fradelos

Vice President, Regulatory Affairs, ABS

Stamatis Fradelos is ABS Vice President of Regulatory Affairs. The Regulatory Affairs team interfaces with the IMO, flag Administrations and the International Association of Classification Societies (IACS), facilitating the application of regulations and maintaining ABS and clients’ awareness on regulatory issues being progressed and developed internationally.

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