Virtually all energy majors have 2050 as target date for carbon neutrality. Most focus solely on Scope I and II emissions. Ørsted and Equinor have the highest ambitions and most stringent targets. Repsol, Eni, Shell, TotalEnergies and BP are following suit.

In the next four years, you will be faced with a carbon tax of €200 - €300 carbon tax per mT fuel, mandatory use of shore power and low carbon fuels due to a these five regulations: FuelEU Maritime, EU ETS, AFID, RED, ETD.

Watch this lunch and learn with EOPSA Founding President Roland Teixeira de Mattos, who will tell all about EOPSA, its growth, its advocacy, its outlook and the broader topic of Port Energy.

Almost all rules and regulations apply to large ships of 5.000 gross tonnage or more and will only start to significantly impact your operations and OPEX as per 2026. While some vessels remain exempt, it is to be expected all vessels will be subjected to severe carbon reduction requirements that will significantly impact operations and easily double operational costs of measures are not taken in time.

Join Poul Woodall as we discuss the challenges of the upcoming Fuel EU regulations. It is one of the most stringent upcoming rules and regulations in terms of emissions for the shipping industry.

The US wants the global shipping industry to reduce its CO2 emissions to zero by 2050. That target is considerably more ambitious than that of the IMO, which is to reduce CO2 emissions by at least half by 2050.