Figure 14: Aframax, FuelEU Maritime costs, LNG vs VLSFO, 2025-2050
Taking the Aframax tanker case, an LNG-fuelled vessel saves around US$9 million in EU ETS costs across the period, in the form of EU Allowances the advantage of LNG compared to conventional fuel, with an LNG-fuelled switching to LNG today, the charts opposite show the FuelEU Maritime, surrendered. For FuelEU Maritime, the VLSFO-fuelled vessel is exposed to EU ETS and IMO Net Zero Framework (NZF) exposure of both options. The a total of Us$18 million more in costs, in the form of penalties accrued for opportunity for pooling vessels under FuelEU Maritime is also considered. energy used beyond the reduction target.