Fuel Cost Calculator
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The Fuel Cost Calculator compares the cost of Very Low Sulphur Fuel Oil (VLSFO) with two other types of marine fuel on an energy-equivalent and total absolute cost basis. It compares fuel costs, EU ETS costs, FuelEU penalty and pooling benefits if applied. This tool helps shipowners, operators, and fuel suppliers assess the economic impact of different fuel choices while considering regulatory developments, in particular FuelEU Maritime and EU ETS.The tool allows for a scenario-based analysis, allowing you to explore predefined fuel price evolutions (Steady State, Fossil Future, Biofuels Better, and Renewable Rise) or define your own price trends. It also enables dynamic selection of a start and end year, so you can focus on specific time ranges to analyse fuel cost evolution. A report of your analysis can be printed and shared to showcase different options all the way up to C-level for strategic decision-making purposes. In short, you can use the Tool for …
✔ Operational Cost Forecast – Project fuel costs over time, incorporating EU ETS and FuelEU penalties or pooling benefits.
✔ Regulatory Compliance Assessment – Determine the cost implications of EU ETS and FuelEU Maritime penalties and identify cost-saving strategies.
✔ Investment Case Report – Create a structured analysis to present fuel cost scenarios and regulatory impacts to decision-makers.
✔ Feasibility Study – Assess the financial and regulatory impact of switching to alternative fuels before making investment decisions.
✔ Fuel Cost Benchmarking – Compare fuels on an energy-equivalent basis to understand which is most cost-effective for specific routes or operations.
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Make its features available directly on your platform with simple and seamless integration.
How the tool works
Watch the tutorial for a step-by-step explanation of the tool, or check the case studies below. Download the Excel model to further tweak your analyses. Contact the helpdesk for support and customization options.
Access premium tool and benefits
This purchase allows you to compare the cost of Very Low Sulphur Fuel Oil (VLSFO) with other fuels on an energy-equivalent and total cost basis. It includes scenario-based fuel price projections, regulatory cost assessments for EU ETS and FuelEU Maritime, and the ability to define custom price trends. Easily generate operational cost forecasts and investment case reports to support strategic decision-making.
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Case studies
Sign up to get one customized case study for yourself each month
References
Hyperlinks and downloads for premium users only
Sustainable Ships - FuelEU Guide
Sustainable Ships - EU ETS Guide
Maersk McKinney Moller - Fuel cost calculator v0.9.2 public
Maersk McKinney Moller - FuelEU Pooling Value Calculator May 24
Maersk McKinney Moller - Assessing impacts of EU and US policies on accelerated deployment of alternative maritime fuels
Research Gate - Conference Paper May 2019