Nordic energy company Gasum notes that its fleet of gas-powered bunkering and carrier vessels have, for some time now, operated entirely on liquefied biogas (bio-LNG), generating compliance surplus for the company’s FuelEU Maritime pool.
The company’s fleet comprises two bunkering vessels that deliver LNG and bio-LNG to ships at ports, and two carrier vessels that transport liquefied gas across the Nordics and Northern Europe. Each vessel is equipped with a dual-fuel gas engine, enabling the use of renewable bio-LNG as fuel.
According to Gasum, using its own chartered vessels with bio-LNG provides flexibility to the pool’s balance as the year approaches its end and more regulatory surplus is demanded.
“As we are now in the last quarter of the first FuelEU Maritime regulation year, there’s never been a more critical moment for ship owners to act. Joining Gasum’s FuelEU Maritime pool is the easiest and most reliable way to secure compliance. Adding our own fleet to the pool as compliance generators helps to secure more compliance surplus, but the amount is still limited,” said Jacob Granqvist, Vice President, Maritime, Gasum.
Gasum’s gas carrier vessels are chartered from Anthony Veder, which is also an offtaker in Gasum’s FuelEU Maritime pool. One of Gasum’s bunker vessels, Coralius, is jointly owned by Anthony Veder and Sirius Shipping, whilst the other bunker vessel, Kairos, is owned by Bernhard Schulte.
The pool includes other partners that are said to generate surplus with dual-fuel ships. By using bio-LNG across several gas-powered vessels, Gasum says it is able to generate surplus emission reductions that can be allocated to other ships in the pool.
The FuelEU Maritime regulation aims to reduce the greenhouse gas intensity of fuels used in shipping by gradually increasing requirements for renewable low-carbon fuels. To help the industry adapt, FuelEU Maritime allows the formation of compliance pools, which group together vessels whose collective emissions can be balanced to meet regulatory targets.
Gasum states its strategic goal is to increase the availability of bio-LNG to the North-Western European maritime market in the coming years.
