SIGLAR insights

The latest on carbon and cost efficient shipping

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Maritime emissions regulations timeline

Navigating the complexities of maritime emissions regulations can be challenging as they continue to evolve. Here, we provide a five-year timeline and a sort summary of key points for you to remember.

Lloyd’s List Intelligence and Siglar Carbon form strategic partnership

Lloyd’s List Intelligence and Siglar Carbon partner to drive sustainable decision-making across the maritime industry.

Shipping industry at risk of fines due to FuelEU Maritime inactivity

The shipping industry is already at risk of significant fines, even before the FuelEU Maritime regulations take effect. It is particularly the lack of FuelEU clauses in charterparty agreements and pooling arrangements that causes costs to accumulate.

Emission Schemes

Gabon 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.

EU Emissions Trading System

The EU Emissions Trading System (EU ETS) is the European Union’s carbon pricing mechanism, and since 2024 it has included maritime transport. It places a cost on greenhouse gas emissions from ships by requiring companies to monitor emissions (under EU MRV) and surrender tradable emission allowances.

FuelEU Maritime

FuelEU Maritime is established under Regulation (EU) 2023/1805. It forms part of the EU climate framework and sets requirements to reduce the greenhouse gas intensity of energy used on board ships calling at EU ports.

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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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