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Risk Manager FuelEU

Easily manage your FuelEU exposure and compliance balance with Risk Manager’s FuelEU module.

Your Complete Solution for FuelEU compliance

Residing on our new platform, Risk Manager leverages our extensive global experience in vessel routing backed by the industry’s finest vessel models, weather forecasts, and route optimisation engine to help you accurately manage your FuelEU exposure and balances.

 

Key outcomes

Prior to a voyage, optimise your GHG intensity and compliance balance by simulating different fuel types per voyage. 

During a voyage, monitor fuel consumption data against voyages for an accurate picture of your realised GHG intensity and compliance balance. 

After a voyage, balance your compliance cost against third party organisations, and request voyage reports from LR Emissions Verifier.

 

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.

  • Generate voyage scenarios with defined voyage parameters and fuel options to understand your voyage’s GHG intensity and compliance balance
  • Manage your fuel strategy and optimise your compliance balance by defining voyage GHG intensity targets
  • Build multi-leg voyages

Plan

Easily understand your exposure status and explore the underlying data, ensuring alignment between stakeholders and enabling an efficient pooling strategy.

  • 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 a vessel’s realised exposure, accessing comprehensive data through integration with LR Emissions Verifier.

  • Automatically ingest Noon Report data for a holistic view of your compliance status
  • Explore historical voyages and reported data for insights into past performance
  • 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

Whatever your role, get a holistic approach to FuelEU compliance

  • 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 complaint

    As a ship operator, you're responsible for monitoring and reporting the GHG intensity of the energy used on board your vessels, ensuring adherence to progressively stricter GHG intensity reduction targets over time.

    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 costs and stay compliant.

  • 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 to 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 holders, whether on a voyage or time charter basis.

    This ensures your operational decisions and fuel choices align with the FuelEU Maritime requirements.

Why OneOcean Risk Manager

Simulate fuel options

Simulate fuel options

Optimise GHG intensity and compliance balance before each voyage.
Monitor fuel consumption

Monitor fuel consumption

Get an accurate picture of your realised GHG intensity and compliance balance.
Assess and simulate pooling options

Assess and simulate pooling options

Evaluate risks and simulate pooling scenarios with third-party vessels.
Simplify fuel strategy planning

Simplify fuel strategy planning

Align fuel choices with FuelEU compliance requirements.
LR Emissions Verifier integration

LR Emissions Verifier integration

Track a vessel’s realised exposure, by accessing validation reports and consumption statements.
Get a comprehensive fleet overview

Get a comprehensive fleet overview

View compliance status across your entire fleet and explore historical voyages and reported data.
Gain an intuitive experience

Gain an intuitive experience

Access one portal to manage your subscription, enrolled vessels and user permissions

Choose LR OneOcean for forward-thinking maritime solutions

Supported by over 450 dedicated employees, LR OneOcean serves more than 3,000 customers and 22,000 vessels globally. Our team includes experts in product development, performance modelling, and vessel operations, ensuring cutting-edge technology and exceptional service.

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