Gasum’s FuelEU Maritime pool verified by DNV

Energy company Gasum has signed an agreement with DNV, whereby DNV will verify the accuracy of Gasum’s FuelEU Maritime pooling service.

DNV is the world’s leading classification society and a recognized advisor for the maritime industry, headquartered in Norway. Gasum and DNV have a long-standing relationship as Gasum has for years been using DNV’s Fuel Boss system for managing LNG deliveries.

Gasum will use DNV’s Emissions Connect tool to gather and validate consumption and emissions data in real time from all vessels in the pool. This requires the installation of a very simple and cost-effective plug and play device on board each vessel.

Additionally, DNV will, at the end of the year, verify the balance of the pool for EU reporting purposes. This is a new requirement that has risen as a result of the FuelEU Maritime regulation, and DNV is up to the task due to its long experience in similar verification processes.

DNV’s role extends only to the pool and all pool members can still continue using their preferred verifier for their vessels.

“In managing a pooling service like this, data is critical. Everything comes down to the validity of the data we collect as it enables us to keep the pool tightly in balance at all times. DNV’s Emissions Connect is the most reliable and easy to use tool on the market for gathering the data. DNV is a fantastic collaborator for us for this brand new service, because the company is trusted by all players in the industry and we have a long history together”, says Jani Arala, Solution Lead at Gasum.

“DNV is proud to support Gasum’s FuelEU Maritime pool with our Emissions Connect solution, enabling effective pool compliance management throughout the year. With increasing regulatory pressure, shipowners need reliable data and transparent processes to navigate FuelEU Maritime requirements efficiently. We look forward to supporting this initiative and continuing to provide trusted solutions for a more sustainable maritime industry,” states Helge Hermundsgård, Head of Sales Emissions Connect at DNV.

Compliance as a service

FuelEU Maritime is a European Union regulation established to increase the use of renewable and low-carbon fuels and limit greenhouse gas emissions in the EU. Starting 2025 vessel owners need to reduce the carbon intensity of purchased fuel initially by two percent with the required reduction growing incrementally to as much as 80% by 2050.

To make compliance easier for shipping companies, FuelEU Maritime permits the voluntary pooling of emission reductions between vessels. This means, that vessels that are over-compliant can compensate emissions on behalf of under-compliant vessels, in other words, provide compliance as a service.

Gasum’s pooling service is the easiest and most reliable way for shipping companies to save on compliance costs by avoiding penalties. Gasum manages the pool, supplies the ultra-low emission bio-LNG to the compliance generators and offers over-compliance to shipping companies with conventional fuel vessels.

Liquefied biomethane, bio-LNG, is a fully renewable and environmentally friendly fuel with life-cycle greenhouse gas emissions that are, on average, 90% lower when compared with fossil fuel use. When produced with manure, the emissions can even be negative.

Biogas can be used in all the same applications as natural gas. Gasum’s strategic goal is to offer 7 TWh of renewable gas, including biomethane and e-methane, yearly to its customers by 2027.

Read more about Gasum’s FuelEU maritime pooling service