FuelEU will leave no assets stranded, says EU Commission rep
DG Move policy officer Ricardo Batista said ‘rather mild’ carbon limits and ability to pool ships for compliance meant paying the penalties will be a last resort
No fuel system will be left as a stranded asset because of the EU’s new carbon limits for shipping, an industry forum was told, as the commission seeks to dispel shipowner fears about the high cost of blending biofuels and penalties for non-compliance