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 storyThe launching of the Sea Cargo Charter (SCC) is warmly welcomed by Siglar. In the Siglar Carbon Monitoring & Reporting dashboard all chartering activities are monitored and reported according to the Sea Cargo Charter requirements.
The Siglar Carbon indexes let charterers compare the carbon exposure of potential ships and routes for their cargo. This way, substantial reduction potential is highlighted.
A coming carbon price on shipping will change the way we trade commodities. Whether politicians implement carbon pricing globally or locally, or responsible companies implement it internally, insight into your freight emissions is crucial to prepare for this change.
