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.
The full storyA 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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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.
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Many responsible dry bulk charterers measure and report emissions from their entire value chain. Reporting value chain emissions can be a puzzle, and chartering activities often represent a missing piece. Siglar keeps daily track of emissions from all shipping activities, regardless of ship type, size or freight contract, to help add that last piece to your puzzle.
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