The total climate footprint from production to combustion should be considered in the EU ETS for maritime. The World Shipping Council joins with Danish Shipping and renewable energy producers, shipowners and other organisations in an open letter to EU’…
The EU ETS maritime regulation must be truly green Read More »
To date, the European Union (EU) has announced concurrent sanctions packages covering individuals, entities and traded goods, with the most recent 8th package released in October. The forthcoming oil price cap defined by the U.S. takes effect on 5th De…
Impact of Russia’s Invasion of Ukraine: A Trade Finance Compliance Perspective Read More »
The global freight industry is facing both downwards (regulatory) and upwards (consumer) pressure to reduce its carbon emissions. We take a look at some of these pressures in this briefing and consider what their impact may be. Downwards pressure: Two …
Emissions Regulations In Shipping – Will The Polluter Pay? Read More »
From 1 January 2023 vessels must start collecting data for the reporting of their annual operational carbon intensity indicator (CII) and CII rating, and at first survey after this time, verification of the calculated attained Energy Efficiency Existin…
MARPOL changes to tackle carbon emissions now in force Read More »
Oil demand growth is expected to slow to 1.6 million barrels per day (bpd) in 2023, down from the 2.1 million bpd anticipated for 2022, according to the International Energy Agency (IEA). Making the predictions in its seminal World Energy Outlook 2022,…
Economic headwinds’ stunt oil demand Read More »