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ZERO44 and Hecla Emissions Management team up on end-to-end FuelEU Pooling

Partnership comes at an important time when the first FuelEU Maritime reporting year has come to an end, companies with vessels in deficit can no longer rely on alternative measures such as consuming biofuels.

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ZERO44 and Hecla Emissions Management team up on end-to-end FuelEU Pooling

CO2 management company ZERO44 on Wednesday (25 March) said it is partnering with Hecla Emissions Management, provider of regulatory support services, to bring shipowners, managers, and charterers a fully integrated pathway to manage FuelEU pooling.

The partnership enables shipping companies to manage the full FuelEU lifecycle in one connected workflow – from forecasting and planning, to surplus trading and pool execution, through to monitoring compliance positions and pool validity.

“Now that the first FuelEU Maritime reporting year has come to an end, companies with vessels in deficit can no longer rely on alternative measures, such as consuming biofuels, to offset generated deficits,” said Friederike Hesse, Co-Founder and Managing Director of ZERO44. 

“Their only option to reduce cost is to pool with surplus vessels. We want to offer customers a low-risk, end-to-end FuelEU pooling workflow that allows them to make informed, commercially sound decisions.”

ZERO44’s software consolidates vessel data, verifier reports, bunker data, and charter terms. Building on this foundation, ZERO44 provides advanced forecasting and scenario modelling to assess the cost impact of different compliance strategies, including pooling.

ZERO44 customers gain a clear view on how much FuelEU surplus they are expected to generate or require, the price levels at which buying or selling surplus becomes economically attractive, and how different compliance scenarios affect total compliance costs across regulations. This allows buyers and sellers to enter the Hecla marketplace with a clear understanding of volumes and price thresholds, enabling confident and informed trading decisions.

Through FuelEU Maritime Exchange, Hecla offers a unique approach to pooling and surplus trading. Hecla’s proprietary legal contract allows the conversion of verified compliance statements into tradeable tokens, each representing a share of a vessel’s surplus. These tokens can be transferred between stakeholders, sold to third parties, or banked for future years. 

Hecla’s model is designed to synchronise FuelEU pooling regulations with the operational and contractual complexity of shipping. Vessels do not need to be committed upfront for the entire compliance year. Instead, token holders designate which of their vessels are added to a surplus vessel’s compliance pool only after the verification period. Tokens can be resold or banked, and multiple charterers can hold shares in the same vessel’s surplus without conflict.

“ZERO44 has built a highly credible compliance and forecasting platform that gives shipping companies clarity during the course of the monitoring period, which aligns well with Hecla’s approach,” says Benjamin Gibson, Director of Hecla Emissions Management. “Both companies focus on transparency, accuracy, and practical decision-making. By connecting ZERO44’s forward-looking compliance insights with Hecla’s flexible surplus trading contract, we enable market participants to trade with confidence and significantly reduce both cost and risk.”

Friederike Hesse adds: “Over the last year, we have closely monitored the development of FuelEU pooling markets and evaluated the various models out there. Pooling exposes participants to the emissions of others, so choosing a pooling solution with a strong legal framework, transparency, and risk-reduction measures is essential. Hecla offers a robust and safe setup, alongside flexibility that reflects real-world owner-charterer relationships, including surplus compensation and off-hire handling. At the same time, ZERO44 customers remain free to continue working with other pooling providers that better suit their strategy, and we can support those setups as well.”

Together, ZERO44 and Hecla aim to set a new standard for FuelEU pooling by combining data-driven planning with transparent and flexible market access, helping shipping companies navigate compliance with confidence.

 

Photo credit: ZERO44
Published: 26 March, 2026

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FuelEU

Marine Fuels Alliance partners with TidalIQ on website emissions calculator

Emissions calculator helps users estimate vessel or fleet compliance positions, potential penalty exposure, pooling requirements and the indicative value of surplus compliance

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Marine Fuels Alliance partners with TidalIQ on website emissions calculator

Marine Fuels Alliance (MFA) on Friday (3 July) said it has connected with TidalIQ, which has provided an emissions calculator for its website.

MFA said the FuelEU Maritime has turned vessel emissions performance into a commercial issue. Operators now need to understand whether their fleet is in surplus or deficit, what that means financially, and whether pooling can reduce cost or create value.

“The emissions calculator helps users estimate vessel or fleet compliance positions, potential penalty exposure, pooling requirements and the indicative value of surplus compliance,” the alliance said in a social media post.

From there, the TidalIQ platform helps users move from calculation to action: managing fleet compliance, identifying pooling opportunities, generating standardised documentation and maintaining a clear audit trail for verifiers and internal records.

“For operators facing deficits, TidalIQ helps identify a more cost-effective route to compliance. For operators with surplus, it creates a clearer path to monetising better-performing vessels,” it added.

“FuelEU compliance is no longer just a regulatory task. It is a commercial decision – and TidalIQ helps the market make that decision confidently.” 

Note: The emissions calculator can be found here

 

Photo credit: Marine Fuels Alliance
Published: 6 July, 2026

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Port & Regulatory

EmissionLink calls for clarity as EU moves to prevent double carbon charges

The emissions management firm welcomed EC’s commitment to avoid duplicate emissions charges but says shipping urgently needs practical guidance on how EU and IMO carbon regimes will work together.

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Philippos Ioulianou, EmissionLink

The following is a commentary by Philippos Ioulianou, Managing Director of EmissionLink, on how the maritime sector needs clear guidance on how how EU and IMO regulations will be reconciled to avoid duplicate carbon costs for shipowners:

The European Commission’s commitment to prevent shipping companies from being charged twice for the same emissions is a welcome step, but the maritime sector now needs clear guidance on how this will work in practice, according to integrated emissions management service EmissionLink.

The principle of avoiding double charging is clear, but the practical reality is far more complex. Shipping is already navigating a crowded regulatory landscape. EU ETS and FuelEU Maritime are now in force, while the IMO is moving towards its own global Net-Zero Framework. Each system has a different scope, timeline, calculation method and commercial logic. Without detailed guidance, avoiding duplicate carbon costs will not be straightforward.

A vessel trading into Europe may be exposed to EU ETS, FuelEU Maritime and future IMO carbon rules. However, the obligations will not always sit with the same party, emissions data may not always be calculated in the same way, and costs may not be recoverable under existing charterparty terms. 

According to EmissionLink, the risk for shipowners is not only paying twice for the same emissions. It also includes reporting twice, calculating twice and building parallel compliance processes that increase cost, complexity and confusion.

“The industry needs to know how EU and IMO obligations will be reconciled, how equivalent payments will be recognised, and what evidence shipowners will need to prove that the same tonne of emissions has not been penalised more than once,” said Philippos Ioulianou, Managing Director of EmissionLink. “This will determine whether carbon regulation is seen as a fair transition tool or simply another cost burden.”

Accurate and auditable emissions data will be more important than ever, but data alone is not enough. Owners and operators also need the expertise to interpret that data across different regulatory schemes and make informed commercial decisions. EmissionLink has already supported the delivery of accurate FuelEU emissions data for more than 600 vessels, giving it first-hand insight into the complexity of compliance across different vessel types and operating profiles.

“Every vessel has a different operating profile, every voyage has a regulatory consequence, and every compliance decision can affect cost exposure, penalties, pooling options, charterparty recovery and future planning,” said Mr Ioulianou. “The challenge is no longer simply submitting the right figure into the right system. It is understanding how current and future emissions schemes interact, how they affect the business, and how to avoid double penalties, duplicated processes and unnecessary costs.”

The company also highlights that carbon pricing will only retain credibility if revenues are clearly directed back into maritime decarbonisation. Speaking at a ShipEnergy forum during Posidonia, Mr Ioulianou argued that EU member states must set out a clear pathway for the use of revenues generated through EU ETS and FuelEU-related mechanisms.

“These funds should be directed back into the maritime sector,” he said. “They should not become a general revenue stream for governments. Demanding that shipping pays more while failing to invest in the infrastructure needed to make decarbonisation possible is not a transition strategy. It is taxation with a green label.”

Whilst the European Commission is right to recognise the risk of duplicate carbon costs, the industry now needs practical, transparent and enforceable rules that support compliance while helping shipping transition to lower-carbon operations.

“Shipping cannot decarbonise on promises alone,” said Mr Ioulianou. “The sector needs clarity, consistency and confidence that regulation will support the transition rather than simply adding cost and complexity.”

 

Photo credit: EmissionLink
Published: 30 June, 2026

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FuelEU

Hafnia Pools surpasses 170 vessels, achieves FuelEU Maritime compliance

In announcing the company’s Q1 2026 financial results, it said five vessels joined Hafnia Pools during the first quarter of the year, bringing the total number of Pool Partners to 24 across segments.

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Hafnia Pools surpasses 170 vessels, achieves FuelEU Maritime compliance

Singapore-headquartered tanker operator Hafnia on Wednesday (24 June) the company closed Q1 2026 with more than 170 vessels trading across its pool platform.

In announcing the company’s Q1 2026 financial results, it said five vessels joined Hafnia Pools during the first quarter of the year, bringing the total number of Pool Partners to 24 across segments.

Since November 2025, vessels entering the Pools have had an average age of six years or younger, further strengthening the competitiveness and earnings capability of the platform. 

This continued inflow of modern tonnage supports Hafnia’s focus on maintaining an efficient and attractive fleet profile, while enhancing the long-term value proposition for Pool Partners.

In Hafnia’s MR Pool, six owners now each have three or more vessels committed.

During Q1 2026, Hafnia Pools successfully met the EU’s FuelEU Maritime requirements for 2025. Across the Pool, 108 vessels collectively exceeded the emissions limits; however, by working together under a “pooling” system, this was balanced out. By using cleaner vessels, biofuel, and purchased emissions credits, the Pools avoided penalties and achieved meaningful cost savings for partners.

This outcome reflects strong collaboration across Hafnia’s commercial, operational, and compliance teams, as well as constructive engagement with all Document of Compliance holders as regulations such as FuelEU come into full force.

In June 2026, Hafnia Pools further strengthened Partner engagement and alignment through its bi-annual Pool Board meeting, taking place during Posidonia in Greece.

Peter Kolding, VP Chartering Regional Trades & Pool Management, said: “As we move further into 2026, our focus remains on delivering consistent commercial results, strengthening the value proposition for all Pool Partners, and continuing to build on the close cooperation between our Chartering and Operations teams that underpins the success of the Hafnia Pools.

“I am encouraged to see that our commercial performance and efforts in staying close to our partners are paying off as we enjoy growing support from many of those same partners. It indicates that we are on the right path and energizes us to continue doing everything we can to improve even further.”

 

Photo credit: Hafnia
Published: 26 June, 2026

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