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The latest on carbon and cost efficient shipping

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IMO climate talks with a backdrop pressure for net-zero shipping

As the International Maritime Organization (IMO) assembles today to adopt emission reduction measures, it’s with a backdrop of pressure to increase climate ambitions. Nations and industry players call for a net-zero maritime industry by 2050.

Large majority wants to include global EU voyages in the EU ETS

A large majority of the respondents in an EU public consultation wants to include emissions not only from voyages between EU-ports but also from voyages between EU and non-EU ports in the Emissions Trading System (ETS).

SCC emissions reporting - details to be worked out  

January 2021 is the first month of the Sea Cargo Charter (SCC) reporting on emissions from ship chartering activities. A rush of questions from both signatories and companies that are considering joining, show that details need to be discussed further.

Emission Schemes

Djibouti Sovereign Carbon Initiative

The Governments of Djibouti and Gabon have introduced sovereign carbon registry frameworks that apply a carbon cost to qualifying ship movements to and from their ports.

African Sovereign Carbon Initiatives: Countries Under Discussion

A growing number of African countries are in active discussion about introducing their own Sovereign Carbon Initiatives for maritime shipping, following the model pioneered by Djibouti (2023) and Gabon (2025). No schemes are yet in force in these countries, but the commercial direction of travel is clear: more African port calls are likely to carry a carbon cost in the coming years.

Türkiye Shipping Greenhouse Gas Emissions Fee

Türkiye has adopted a shipping-specific greenhouse gas fee intended to apply to greenhouse gas emissions from commercial ships calling at, or departing from, Turkish ports for cargo or passenger operations. The operational details are to be defined in secondary regulation that has not yet been published.

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"We want to help sustainable shipowners achieve higher fleet utilization and improved return on their green investments. "

Geir Olafsen, CDO Siglar
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