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 »
Published in the latest edition of the European Transport Law (ETL) Review, the position paper entitled “Charting Uncertain Seas: Legal Ambiguities and Compliance Strategies in EU ETS and FuelEU Maritime Regulations” explores the legal and …