To address these new obligations, BIMCO released a FuelEU Maritime Clause for Time Charter Parties, making charterers responsible for supplying compliant fuels or covering penalties. Charterers may also benefit from compliance surpluses generated by greener fuels. For short-term charters—where surpluses can't be pooled or carried forward - the clause allows parties to settle any surplus value at redelivery. Until recently, there was no clear pricing method for these surpluses. With new indices emerging, such as the Argus Compliance Balance Index, owners and charterers now have tools to support fair, transparent settlement under the BIMCO Clause. We have invited Hussein Al-Khalisy, Associate Editor, Biofuels & Alternative Marine Fuels from Argus Media to dive into the Argus Compliance Balance Index, one of several tools to help price FuelEU Maritime compliance balances. FuelEU Maritime: Introduction & Impact on the market. How can FuelEU compliance be traded? How do we put a value on it? How FuelEU prices can be used, enabling shipowners to make decisions to meet their FuelEU requirements.