What Fuel EU penalty can you expect?
What Fuel EU penalty will it cost you in shipping if you leave things as they are? We did a little calculation. What would the fine cost be if you simply continued operating a ship with Marine Gas Oil (MGO) in European waters for the next 25 years? For those of you who aren’t familiar with the topic: Since the beginning of this year, seagoing ships have had to either use less climate-damaging bunker when calling at European ports or pay a fine. The formula for calculating the amount of the penalties is set out in EU Regulation 2023/1805. The…