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Reed Smith: How EU ETS challenges the maritime industry

It’s a brave new world for the maritime sector. Obviously, the EU ETS has been around for many years in other industries but it’s new to shipping from this year, with the recent inclusion of shipping in the EU ETS since January 1st. This is bringing with it significant implications as the EU continues to unveil new details, rules, and regulations on a regular basis, argues Nick Austin, transportation partner at global law firm Reed Smith.

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