FincoEnergies launches FuelEU Pooling to aid shipowner compliance with European Union maritime regulations

FincoEnergies announced in mid-April the launch of its FuelEU Pooling service created for shipowners to enable FuelEU maritime compliance in what the company said is a “cost-effective and operationally seamless way.”

FuelEU maritime, effective from Jan. 1, 2025, mandates the reduction of greenhouse-gas intensity of energy used onboard ships trading in the EU.

Compliance can be complex and costly for many operators, particularly those with limited access to low-carbon fuels.

Designed for shipowners, operators, charterers and technical managers, FincoEnergies’ FuelEU Pooling service enables undercompliant vessels to meet their compliance targets by pooling with vessels running on GoodFuels sustainable biofuels.

At the heart of this innovation is FincoEnergies’ partnership with Lloyd’s Register, which supported the development of the service.

Lloyd’s Register’s technical expertise has enabled shaping a solution that aligns with regulatory requirements and FincoEnergies’ established position as a biofuels supplier in the fuel supply chain.

“FuelEU maritime represents one of the most important regulatory shifts for the shipping industry in decades,” said Alberto Perez, the global head of maritime commercial markets at Lloyd’s Register.

“By integrating technical expertise with strategic guidance, we ensure shipowners, operators and suppliers not only comply with evolving emissions standards but also proactively transform their operations, embracing new technologies and alternative fuels to ensure a sustainable and profitable future,” Perez said.

Johannes Schurmann, FincoEnergies’ commercial director of international marine, added, “With a decade of experience in biofuel bunkers and carbon-certificate trading in the voluntary market, we are excited to expand our creative and solution-oriented product portfolio with FuelEU Pooling. Thanks to our physical presence in the supply chain, shipping companies looking for FuelEU surplus can confidently rely on us as a trusted partner in their decarbonization journey.”

Through its role as pool organizer, FincoEnergies said it streamlines the entire pooling process—from performing biofuel bunkers and prefinancing surplus to surplus allocation and pool verification.

“With cost-effective pricing, FuelEU Pooling provides shipping companies with a competitive alternative for changing their fuel mix themselves,” the company stated.