FuelEU Database: Registration, Banking and Pooling Records

The FuelEU database is the electronic system set up under FuelEU Maritime , Regulation (EU) 2023/1805, in which each ship’s compliance balance, banked surplus, borrowed advance surplus and pool membership are recorded. Under Article 21(2) a company registers in the database its intention to pool, the allocation of the pool’s balance and the chosen verifier, and under Article 21(8) the verifier records the definitive composition of the pool by 30 April of the verification period, the calendar year after the reporting period.

Borrowing of advance compliance surplus is recorded by 30 April of the verification period under Article 20(3), before the FuelEU Document of Compliance is due by 30 June under Article 22(1). The full article will cover the database’s role against FuelEU compliance balance and pooling and against the draft IMO surplus unit transfers recorded in the IMO GFI Registry.