Engineering and Project Management
 

FuelEU Banking — How Surplus Pooling Works and Why Most Operators Are Calculating It Wrong

FuelEU Maritime’s banking mechanism is the single most powerful compliance tool available to fleet operators — and it is the single most misunderstood. The regulation allows vessels that perform better than the GHG intensity limit to generate a surplus. That surplus can be banked and used to offset deficits on …

SEEMP Part III in Plain English — What a D-Rated Vessel’s Technical Manager Needs to Do Now

If your vessel has been rated D under the IMO CII framework, you have a regulatory obligation that is not optional. You must develop and submit a SEEMP Part III — a Corrective Action Plan — to your flag state administration. Most technical managers I speak with have three questions: …

EU ETS Monitoring Plan — What It Must Include and What Most Plans Get Wrong

The EU ETS monitoring plan is not a form to fill out. It is a living document that describes how a shipping company measures, records, and reports its CO₂ emissions — and it is the single most important compliance document a vessel operator can have. A poorly written monitoring plan …

What a CII D-Rating Costs in 2026 — The Full Calculation for a Handymax Bulker

If you manage a Handymax bulk carrier and it’s rated D under the IMO CII framework, you are not facing a theoretical problem. You are facing a real, quantifiable cost that compounds across multiple revenue streams. This post walks through the exact math for a 42,000 DWT Handymax bulker trading …