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.
Topic: REGULATIONS
Shipping: EU ETS Will Redefine Industry Standards
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
Global Shipping’s $3.6 Billion Carbon Bill Is Six Weeks Away
Ships sailing to European ports face a combined carbon emissions bill of $3.6 billion next year, the start of a levy that’s almost certainly going to rise as the continent steps up efforts to combat climate change.
Shipowners pursue very different paths to meet new climate regulations.
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.
Urgent implementation rethink needed to achieve objectives of EU ETS directive
The maritime industry is fully committed to decarbonisation and environmental protection because the industry itself is a victim of grave, climate change consequences.
CII alternative pitched by Danish Ship Finance
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.
IBIA CONVENTION: Cockett CEO Sees CII Regulation Raising Bunker Use for Some Ships
Global marine fuels firm Cockett Group is the latest company to raise concerns over the IMO’s carbon intensity indicator regulation, saying it may raise fuel consumption for some ships
EU Emissions Trading System for Maritime Transport Explained – Part 2 of 6
In the second 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 who is responsible for compliance under the EU ETS and which monitoring, reporting and verification obligations will apply.
Tanger Med, East Port Said added to EU’s upcoming emissions regulations
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.
EU ETS will have a damaging effect on ports and towage
Implications from the introduction of this regional carbon taxing scheme will be wide, even if it only covers CO2 emissions from ships of 5,000 gt and above entering EU ports, regardless of the flag they fly.