Fuel EU – or why one and one doesn’t always equal two.
The question came up yesterday after my presentation at the maritime business breakfast on Fuel EU: “You said you shouldn’t simply add up Fuel EU penalties for individual months. But I recently heard that you can easily. So what’s the point?” Anyone who has to settle Fuel EU penalties monthly may encounter a strange effect in the medium term: If you calculate the penalties for individual months of a year and add them up, you get a different result than if you settle all months together at once. That sounds like rounding or calculation errors at first, but that’s not…