We are heading into a more complex world for shipping, where operators worldwide are navigating an evolving landscape of regulations and technological advancements. As a result, collaboration is increasingly proving to be the key to innovation and deve…
Validation of voyage emissions data and contractual arrangements for allocation of EU ETS costs remain key challenges for Greek shipowners as they face an estimated total €335m bill this year, potentially rising to €1bn once the regulation is fully imp…
The EU carbon market could be set for further correction moving forward, with could impact the EU Emissions Scheme, which shipping is now a part of. In its latest weekly report, shipbroker Intermodal said that “the European carbon market has witnessed …
Shipping: EU Carbon Market Could Trend Downwards Read More »
FuelEU Maritime sets requirements on the well-to-wake GHG intensity of energy used for ships trading in the EU/EEA from 1 January 2025. The first step is to prepare and submit a monitoring plan to an accredited verifier by 31 August 2024. This statutor…
FuelEU Maritime: How to prepare for compliance Read More »
The European Union’s Emissions Trading System (ETS) continues to cause confusion and consternation for stakeholders in shipping, with questions around ballast legs, accounting for allowances, and compliance. A panel discussion at the Baltic Exchange…
EU ETS: catalyst for change, mired in growing pains Read More »