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EU ETS costs laid bare

Maritime and Ports Splash247.com - 2023-12-18

With two weeks until its implementation, analysts at Clarksons Research have produced data to show the costs of the European Union Emissions Trading Scheme (EU ETS) for VLCCs, MRs, capesizes and panamaxes.  …

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EU ETS will cost the shipping industry billions, says ITIC

Maritime and Ports Offshore Energy - 2023-12-11

The extended EU ETS, which comes into force on 1 January 2024, will set an annual absolute limit on emissions of greenhouse gases (GHG) for vessels of 5,000 gt and above calling at EU ports. …

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For Europe's ports, a focus on implementation is the best port strategy forward

Maritime and Ports ESPO - 2023-12-07

On 7 December, the Transport Committee in the European Parliament adopted the own-initiative report building a comprehensive European Port Strategy. …

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Chinese automakers splurge on huge carriers to meet overseas demand, ro-ro-rolling their cars abroad

Maritime and Ports South China Morning Post - 2023-12-06

China has christened and launched its largest ship for transporting cars around the world – a massive carrier expected to help Chinese automakers keep pace with a pedal-to-the-metal rise in the country’s new export machine: the auto sect …

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EU ETS carbon emissions regulations – a sea-change for ocean freight shipping or a toothless tiger?

Maritime and Ports Hellenic Shipping News - 2023-12-04

One of the major talking points in ocean freight shipping is the introduction of EU ETS carbon emissions regulations in 2024. …

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Seaspan enters new market segment with strategic order of new dual-fuel LNG Pure Car and Truck Carrier vessels

Maritime and Ports Port News - 2023-12-03

Seaspan Corporation (Seaspan), the world-leading owner and operator of containerships, continues quality growth through the 10,800 CEU dual-fuel LNG, with ammonia and methanol ready, Pure Car and Truck Carrier (PCTC) newbuild program in …

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Maersk sells 10.2% holding in Höegh Autoliners – to buy its own PCTCs?

Maritime and Ports The Load Star - 2023-11-28

Maersk has sold its 10.2% stake in Höegh Autoliners, at a time when car-carriers are in enormous demand. …

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7 European shipping nations want EC to “reconsider” ETS as soon as possible

Maritime and Ports trans.info - 2023-11-27

According to the Financial Times, ministers from countries including Spain, Italy, Greece, Portugal, Cyprus, Croatia and Malta have sent a joint letter to the European Commission asking the EU body to review its emissions tradin …

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Simplified Global GHG Fuel Standard for marine fuels put forward to help meet net zero target

Maritime and Ports International Chamber of Shipping - 2023-11-20

The International Chamber of Shipping (ICS), which represents over 80% of the world’s merchant fleet, and the International Bunker Industry Association (IBIA), which represents the global bunker industry, have submitted a joint prop …

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DNV and partners conclude phase 1 of EMRED JIP, agreeing on new framework for GHG reduction on offshore vessels

Maritime and Ports DNV - 2023-11-16

As the offshore industry is looking to decarbonize, DNV and partners including RWE, Vattenfall, Ørsted, Scottish Power Renewables, DEME, Cadeler, Jan De Nul Group, Ziton, Van Oord, Heerema, GustoMSC, Maersk Supply Service, Atheloen and F …

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