Article

The FuelEU regulations, now in their second year, have led to penalties for non-compliance as stakeholders negotiate compliance clauses, particularly the BIMCO FuelEU clause. Blending fossil fuels with biofuels is a common compliance strategy, but it presents compatibility issues, and disputes over payment responsibilities and penalties remain prevalent. While the BIMCO clause allows owners to suspend performance for non-payment, charterers often contest this right, complicating the compliance landscape.