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How EU ETS and IMO CII will change the Owner – Charterer relationship

The upcoming entry into force of the EU ETS and CII regulations, part of the ambitious EU environmental agenda aiming to reduce emissions from shipping, is expected to redefine the current landscape of communication between shipowners and charterers, argued Mr. Panos Zachariadis, Technical Director, Atlantic Bulk Carriers Management Ltd., during the 2022 GREEN4SEA Forum that took place in late April.

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Maritime Air Emissions: An overview

While there has been some recent progress in the fight against shipping emissions, there are still serious challenges, relating to cost and lack of compliance with standards, noted Keith B. Letourneau, Partner Maritime, BLANKROME, at the 2022 GREEN4SEA Forum, warning that without mandatory reductions, GHG emissions from the maritime sector could increase between 50-250% by 2050.

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