Tag: Emissions Trading System (ETS)

As negotiations on FuelEU Maritime and EU Emission Trading System (ETS) enter the last phase, the Global Maritime Forum (GMF) is calling on EU policymakers to raise the climate ambition in these policy proposals.

European shipowners, ports, the cruise sector, shipyards and equipment manufacturers, fuel suppliers, shippers, forwarders and port operators join forces and call on the Member States and the European Parliament to earmark the revenues generated from the inclusion of the shipping sector in the EU ETS for the maritime sector.

Carbon taxes will increase, favouring energy efficient ships and requiring closer co-operation between owners and charterers, says Will Fray, Director, Maritime Strategies International

Government ministers are in the process of carving out €20 billion worth of exemptions for the shipping industry in the new maritime carbon market (ETS), according to a new analysis, by Transport & Environment (T&E).

Maersk provided an overview of the latest developments regarding the EU Emissions Trading Scheme (ETS), expecting significant increase at the costs for shippers from January 2023.

On 22 June, the European Parliament adopted its position on the revision of the EU Emissions Trading System (EU ETS), including the extension of the ETS to maritime transport, a decision which the Port of Rotterdam Authority welcomed.

On June 22nd and June 30th, 2022, the European Parliament (EP) and the European Council have voted and agreed on their position regarding the EU Emissions Trading System (EU ETS). FEPORT supports the inclusion of shipping into EU ETS but is concerned on how the extra-EU application of the Directive could impact the competitive position of EU ports.

The World Shipping Council (WSC) and member liner carriers are highly concerned about Parliament’s delay in finalizing its position on FuelEU Maritime.

ECSA welcomes the Council’s strong support on the mandatory pass-through of ETS costs to the commercial operator of the vessel, which upholds the “polluter-pays principle”.

Environment ministers of the EU27 approved a carbon market to regulate key sources of transport emissions, but important exemptions remain, says Transport and Environment (T&E).