Scenario 1: Maritime compliance costs are no longer confined to regional regulation. Based on current policy timelines and market assumptions, the industry’s annual compliance bill could rise from around USD 2.7 billion in 2024 to more than USD 57 billion by 2032, with the IMO framework becoming the largest driver of future cost exposure.
The full storyChaotic mailboxes, missing attachments, reports in different formats and constant status meetings to regain control. If any of the above describes your current CO2 reporting process, you will probably benefit from implementing a managed emissions reporting service.
Have you signed or are planning to sign the Sea Cargo Charter (SCC) and worry about time-consuming data collection, validation and estimation? Our standard reporting programme includes a SCC managed reporting service that takes care of everything.
There are currently two suggested versions of how the maritime sector should be included in the EU ETS. We compare the two versions to demonstrate how each of them would the impact freight costs.
