
The FuelEU Maritime Initiative
In July 2021, the European Commission presented the FuelEU maritime initiative within its Fit for 55 package measures aiming to address maritime transport emissions by addressing market barriers that hamper their use and uncertainty about which technical options are market-ready. Maritime transport is critical to the European Union’s (EU) economy but the EU estimates that maritime carbon emissions account for almost 4% of total EU emissions (and for 11% of EU transport emissions)Maritime stakeholders expressed concerns that the regulation puts responsibility on shipping companies (not on the fuel producers); that the efficiency standard is not defined at the fleet level; and that they did not want any obligation on the choice of fuel and technology.