Carbon taxes set to reshape shippingCarbon pricing is no longer a distant regulatory threat, as the EU ETS and FuelEU Maritime will add an estimated USD 6.1 billion to industry costs in 2025 alone. The IMO’s Global Fuel Intensity (GFI) measure is set to drive up costs even further—shipowners and charterers could be staring down a combined carbon bill approaching USD 50 billion by 2030.
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George Griffiths, Geir Olafsen and Bernhard Feet