Voyage costs are set to increase with the EU Emissions Trading System (EU ETS) that will demand clarity on emissions both to determine stakeholder liabilities and manage compliance. And Maritime…
EU Emissions Trading System (EU ETS)
Singapore, Wednesday 22nd November 2023: AAL Shipping (AAL) has become the first project heavy lift carrier to publish a carbon surcharge guidance to help its customers prepare for the increased…
Shipping companies must manage financial balancing act on EU ETS tightrope, says OceanScore
By Albrecht Grell, co-Managing Director, OceanScore Shipping companies are facing significant financial exposure from introduction of the EU Emissions Trading System (EU ETS) next year that will increase balance sheet…
The EU Emissions Trading System (EU ETS), the world’s largest carbon market, was originally introduced in 2005 by the EU to combat climate change by reducing greenhouse gas emissions through…
Vessel operators and charterers can gain insights into their carbon emissions and credit expenditure by vessel and across their fleets Copenhagen, 11 October 2023. Coach Solutions, a leading provider of vessel…
Trading places: shipping must manage new financial risks with transition to EU ETS, says OceanScore
The concept of trading is about to take on a whole new meaning for shipping companies with implementation of the EU Emissions Trading System (EU ETS) for maritime from next…
EU ETS: FEPORT supports EU co-legislators’ efforts to address evasive port calls, but underlines the need for additional action
EU ETS: FEPORT supports EU co-legislators’ efforts to address evasive port calls, but underlines the need for additional action to safeguard the competitive position of European seaport terminals Brussels, July…
The European Parliament recognizes the structural role of the commercial operators in shipping and the need for a sector-dedicated fund
Piraeus, 18.5.2022 – The Union of Greek Shipowners (UGS) welcomes the adopted position of the Committee of the Environment, Public Health and Food Safety (ENVI) of the European Parliament, on…
The UGS issues a Technical Report on the decarbonisation of the shipping sector The Union of Greek Shipowners (UGS) has issued a Report on technical aspects related to the decarbonisation…