Gasum, a Nordic energy company, is collaborating with Wasaline to develop the first large-scale commercial FuelEU Maritime pooling service.
This initiative aims to help conventional fuel vessels comply with stringent European Union emission regulations. The pooling service will allow shipping companies to meet compliance targets by leveraging over-compliance from vessels running on ultra-low emission fuels like bio-LNG, provided by Gasum.
Wasaline’s hybrid ferry, Aurora Botnia will contribute to the pool by using bio-LNG. This over-compliance can be shared with vessels that rely on conventional fuels, thus reducing their regulatory burden. Gasum, a leader in bio-LNG production and distribution, guarantees a reliable supply of renewable fuel for Wasaline, ensuring the stability of the pooling service.
FuelEU Maritime regulations, effective from 2025, will require vessels over 5,000 gross tonnage to reduce the carbon intensity of their fuels by 2%, with more stringent reductions to follow, potentially reaching 80% by 2050. The pooling service offers a flexible solution, allowing vessels with higher emissions to meet these requirements by relying on the emission savings of bio-LNG-powered ships.
Jacob Granqvist, Gasum’s Vice President for Maritime, highlighted that the pooling service offers shipping companies an easy, cost-effective way to comply with regulations while promoting low-emission fuel production. Wasaline’s CEO, Peter Ståhlberg, expressed excitement about participating in a project that supports renewable energy use and helps drive the green transition in the shipping industry.
This partnership marks a significant step towards decarbonising maritime transport, with Gasum aiming to offer 7 TWh of renewable gas annually by 2027, contributing to substantial carbon dioxide reductions.
Read more about Gasum’s services for the maritime transport sector.
