Rystad Energy and OceanScore bring FuelEU Maritime pooling prices into clean shipping research
FuelEU Maritime has created a new market for compliance surplus. The price of that surplus now shapes how shipowners, charterers and fuel suppliers weigh their options, yet much of the industry still has to estimate what pooling really costs. Rystad Energy and OceanScore are working together to close that gap. Under a new data agreement, ...
FuelEU Maritime, a new compliance-based market, has introduced a novel pricing structure that impacts various stakeholders, including shipowners, charterers, and fuel suppliers. However, there remains a lack of clarity around the true cost of pooling efforts. To address this, Rystad Energy and OceanScore have formed a partnership to fill this knowledge gap.
Through a new data agreement, Rystad Energy will incorporate OceanScore data into its Clean Shipping Solution. The first set of data is offer prices from the OceanScore FuelEU Marketplace, where surplus providers present offers to companies facing compliance deficits. The second set is the OceanScore Pool Price Index (OPX), a weighted average of FuelEU pooling prices.
This integration will enable Rystad Energy's solution to accurately reflect current market conditions in terms of fuel costs. As a result, clients will be able to compare different fuel types, including conventional, transition, and zero-emission fuels, on a consistent and market-driven basis. Enhanced price transparency across the industry will benefit various parties, including shipowners who can better plan compliance strategies, fuel producers who can assess the value of low-emission fuels, and ports and investors who can gauge future bunkering demand.
Ultimately, the reliance on real-world market data will facilitate faster decision-making and minimize costly uncertainties throughout the value chain.
Written by urgent.news from Hellenic Shipping News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
