Your complete solution for FuelEU compliance
Risk Manager FuelEU helps you accurately manage your FuelEU exposure and balances. It leverages our extensive global experience in vessel routing and the industry’s best vessel models, weather forecasts, and route optimisation engine to help you stay compliant.
Before a voyage, optimise your GHG intensity and compliance balance by simulating different fuel types per voyage.
During a voyage, get a clear view of your realised GHG intensity and compliance balance with accurate fuel consumption data.
After a voyage, balance your compliance cost against third-party organisations, request voyage reports from LR Emissions Verifier, plan ahead, and simulate the impacts of banking, borrowing, and pooling.
Gain a comprehensive picture of your fleet across three key areas of functionality:
Simulate
Accurately estimate voyage exposure with our simulation tool, powered by industry-leading in-house vessel models and a multi-objective routing engine.
- Understand your voyage’s GHG intensity and compliance balance by generating voyage scenarios with defined voyage parameters and fuel options.
- Manage your fuel strategy and optimise your compliance balance by defining voyage GHG intensity targets.
- Build multi-leg voyages.
Plan
Easily understand your compliance balance and underlying consumption data while planning ahead and simulating the impacts of banking, borrowing, and pooling.
- Visualise FuelEU compliance at both fleet and vessel level based on GHG reduction targets.
- Identify risks and assess favourable pooling options based on current and projected performance.
- Simulate pooling options with third party vessels.
Monitor
Track vessels' realised compliance costs, balance your exposure, and access comprehensive voyage validation statements through our integration with LR Emissions Verifier.
- Automatically ingest Noon Report data for a holistic view of your compliance status.
- Gain insights into past performance by exploring historic voyages and reported data.
- Understand consumption for each voyage and identify factors driving intensity, compliance balance, and costs.
- Access validation reports and consumption statements in one place by linking with your LR Emissions Verifier subscription
Get a holistic approach to FuelEU compliance, whatever your role
Ensure compliance with FuelEU regulations
As a ship manager, monitoring well-to-wake emissions throughout the year is a critical responsibility, especially with the increasing focus on meeting emissions targets. This requires not only tracking fuel consumption but also assessing the environmental impact of different fuel types.
Risk Manager can assist in managing exposure related to third parties, such as operators and charterers, and provide the tool to simulate pooling options, enabling informed decisions ahead of the compliance window.
By using Risk Manager, you can ensure compliance with FuelEU balance requirements and avoid fines imposed by national authorities.
One platform to remain FuelEU compliant
As an operator, actively monitoring your GHG intensities across your fleet and simulating voyages has become a crucial aspect of voyage operations to ensure compliance with progressively stricter GHG intensity reduction targets over time. This approach allows you to evaluate fuel impacts and optimise fuel choices in line with the FuelEU strategy.
Risk Manager can help you visualise FuelEU compliance at both fleet and vessel level based on the required GHG reduction targets. With this tool, you can quickly and clearly view and forecast voyage information for agile decision-making in one platform, helping you manage fuel strategy and co-ordinate with the charterer.
Simplify FuelEU compliance
As a charterer, you must assess the compliance balance of vessels on a voyage-by-voyage basis, as you are responsible for the fuel used. This decision has a direct impact on the vessel's GHG emissions and overall compliance, as FuelEU regulations tie the type of fuel used to the final fine. Therefore, fuel choice becomes a critical consideration, influencing charter party terms.
Risk Manager can support you to optimise your GHG intensity and compliance balance by simulating different fuel types per voyage. This allows you to manage FuelEU exposure for the ISM company, whether on a voyage or time charter basis. And with seamless integration to LR Emissions Verifier, you can also access voyage validation statements effortlessly.
This ensures your operational decisions and fuel choices align with the FuelEU Maritime requirements.
Why OneOcean Risk Manager
Simplify fuel strategy planning
Get a comprehensive fleet overview
Monitor fuel consumption
Assess and simulate pooling options
LR Emissions Verifier integration
Simulate fuel options
Gain an intuitive experience
Choose LR OneOcean for forward-thinking maritime solutions
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