Global material solutions company UPM and Bore, part of Dutch shipping firm Spliethoff Group, have joined Ahti Pool to promote the decarbonisation of shipping operations and comply with FuelEU Maritime regulations.
Ahti Pool’s FuelEU Maritime-compliant pooling model offers a solution for shipping operators to use and trade ultra-low-carbon fuels such as e-methanol or bio-LNG, and to pool compliance for the rest of their fleet. Therefore, Ahti Pool’s members can buy and sell credits for the use of sustainable fuels.
Coming into force on January 1, 2025, the intention of the FuelEU Maritime regulation is to increase the share of renewable and low-carbon fuels in the fuel mix of international maritime transport within the EU.
Since 2019, Spliethoff Group and UPM have upheld a long-term charter agreement which includes the deployment of dual-fuelled vessels by Bore, for UPM. These can run on both bio-LNG and conventional marine fuels and, as a member of Ahti Pool, all three of Bore’s ships will use bio-LNG and add their compliance into the pool.
“Their [Ahti Pool’s] innovative pooling model enables us to reduce the CO2 emissions of our supply chain and comply with FuelEU Maritime. We can now deliver our products with Bore’s ships across Europe with increased efficiency, almost zero carbon, and very competitive prices for our clients,” said Jukka Hölsä, vice president of logistics at UPM. “We estimate that we can reduce CO2e emissions by up to 16,000 tonnes annually through this cooperation.”
Earlier this year, HLPFI reported that CLdN had proposed a pooling service to support FuelEU Maritime compliance.
