Shipping industry already 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 storyEU Parliament committee suggests a basket of amendments to speed up shipping’s inclusion to the EU Emissions Trading System (ETS). Suggestions include deleting the phase-in period and extending the geographical scope of the scheme while allowing shipowners to pass on the carbon cost to the charterer. This is good news for frontrunners and for the commercial decarbonisation of shipping.
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Do you want to know how to make money while cutting shipping emissions? Start collecting granular emissions data today. This was the unanimous advice from an interdisciplinary panel talking in front of commercial decision-makers at Nor-Shipping. If you missed it but still want to know how to use emissions data as a competitive edge, here are the highlights.
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Siglar Carbon and the “Impact Today” working group are calling for a new standard vessel report that simplifies the reporting process and enhances the quality of data input. High quality data input improves decision foundation and allows for both ship and cargo owners to optimise operation and reduce emissions.
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