The Fuel EU Maritime Regulation, effective from January 1, 2025, mandates that vessels over 5,000 gross tonnage reduce their greenhouse gas (GHG) emissions progressively. Compliance is monitored through a detailed reporting system, requiring shipowners to submit a monitoring plan by August 31, 2024.
Compliance Mechanisms: Shipowners who do not meet the target GHG intensity for the period defined in Fuel EU maritime regulation can choose between two primary compliance strategies: paying penalties...
https://www.marineinsight.com/green-shipping/understanding-compliance-under-fuel-eu-maritime/