Topic: REGULATIONS

In the fourth article of our six-part series reviewing the changes introduced by the new EU rules set to apply from 1 January 2024, we look at the exclusions to the EU ETS, the penalties for non-compliance, and how the EU plans to address any attempts to avoid the new measures.

With the Mediterranean set to introduce stricter limits on maritime emissions in just over 18 months time, market players in the region are
already predicting that LNG is well placed as an alternative to more traditional — and polluting — marine fuels.

From the turn of the year, shipping will be covered by the European Union’s Emissions Trading System, ETS, which forces shipping companies to reduce their ships’ carbon emissions.

Shipping is about to enter a new period of structural reforms, as a
result of the implementation of the EU ETS across the industry, starting next year

The maritime industry is fully committed to decarbonisation and environmental protection because the industry itself is a victim of grave, climate change consequences.

Danish Ship Finance has issued its latest biannual markets report in which it has called for the IMO’s Carbon Intensity Indicator (CII) to be replaced with a voyage index that shows carbon intensity per voyage to allow performance to be evaluated and optimised.

To reduce the risk of evasive port calls and relocation of container transhipment activities to ports outside of the European Union, the European Commission has announced that containerships sailing from a non-EU port to discharge cargo at an EU port by the way of Tanger Med or East Port Said will pay for 50% of emissions.