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Our panel will outline the Regulation, explain how pooling can work, and discuss the prospects for contractual disputes.
Some of the issues for discussion:
The FuelEU clauses for time charterers (e.g. BIMCO)
The FuelEU Maritime Regulation framework – its objectives, GHG intensity targets, compliance mechanisms (including pooling, banking and borrowing), and penalty regime.
Its relationship with the Renewable Energy Directive – how sustainability criteria, certification requirements, and renewable fuel classifications interact with FuelEU obligations.
The relevant compliance entities – including the ISM company, owners, charterers, fuel suppliers, and verifiers, and how regulatory responsibility is allocated.
The contractual impact – how FuelEU affects charterparty risk allocation, compliance balances, penalties, data sharing, and potential disputes between commercial parties.
The commercial overview of pooling contracts and the pricing of surplus
Chairman: Sir Nigel Teare, Arbitrator – Arbitrators at 10 Fleet Street
Speakers James Turner KC, Barrister – Quadrant Chambers Dr Pia Rebelo, Legal Analyst – Stephenson Harwood Hugo Wilson – Hecla Emissions Management