The € question: Are you ready to surrender your first EU allowances?
The countdown is on: By 30 September 2025, all shipowners with EU voyages must surrender their first batch of EU ETS allowances. But are you ready? Do you know what your carbon bill will be? Where to get allowances, and when? For many shipowners, the financial clock is ticking, yet the full cost remains off the radar.
The full storyThe International Maritime Organisation (IMO) adopts new short-term measures that require ships to combine a technical and an operational approach to reduce their carbon intensity. The operational Carbon Intensity Indicator (CII) will highlight the charterers role in emissions reductions, but is it too weak, too slow? The IMO is already criticised for its selected method as well as its limited ambitions.
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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.
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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).
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