NorthStandard has struck an exclusive deal with maritime digital decarbonisation specialist BetterSea, giving its members significant discounts on BetterSea’s FuelEU Maritime Compliance service.

With the new FuelEU Maritime rules in force from 1 January 2025, shipowners must monitor and report greenhouse gas (GHG) intensity from onboard energy use and meet tightening reduction targets. Non-compliance comes with hefty penalties, mitigated only by using alternative energy or the ‘pooling’ mechanism, which groups vessels together to meet fleet-level targets.

NorthStandard’s agreement with BetterSea grants members discounted access to the FuelEU Platform Solution, a digital compliance tool covering data handling, internal and external pooling, and final pool verification. As part of the deal, transaction fees on pooling will be waived for the first six months, with BetterSea only charging an administration fee to set up escrow accounts.