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EU Carbon Market

gCaptain’s full coverage of the EU’s proposed Emissions Trading System, aka  carbon market, and its impact on shipping.


Tuesday, November 21, 2023
smoke pollution coming from a container ship
Shipping

Global Shipping’s $3.6 Billion Carbon Bill is Just Six Weeks Away

By Jack Wittels, Yongchang Chin and John Ainger (Bloomberg) — Ships sailing to European ports face a combined carbon emissions bill of $3.6 billion next

November 21, 2023
Total Views: 2163

Monday, November 13, 2023
A containership arrives at the Port of Rotterdam
Shipping

Shipping Industry Faces Rising Fuel Costs from Energy Transition

The cost of fuel in shipping’s energy transition will increase along with compliance costs, according to an executive at Yara Marine Technologies. The

November 13, 2023
Total Views: 1547

Monday, October 16, 2023
smoke pollution coming from a container ship
Shipping

EU’s Carbon Price on Shipping Threatens Growth, Nation’s Say

By John Ainger (Bloomberg) — The European Union’s looming rules to put a carbon price on shipping emissions threaten economic growth by benefiting

October 16, 2023
Total Views: 1180

Monday, September 18, 2023
FILE PHOTO: Containers are seen on the Maersk's Triple-E giant container ship Majestic Maersk, one of the world's largest container ships, as it sails in the Strait of Gibraltar towards the port of Algeciras, Spain January 19, 2023. REUTERS/Jon Nazca/File Photo
Shipping

Big Emissions Bills Are Coming for Ships in Europe

(Bloomberg) — Ships carrying everything from consumer goods to food and fuel in and out of the European Union will soon face hefty emissions bills. The

September 18, 2023
Total Views: 4269

Tuesday, July 4, 2023
A tanker ship is seen in the English Channel at sunrise, near Dover, Britain, August 4, 2021. REUTERS/Peter Nicholls/File Photo
Shipping

UK Adds Maritime Transport to Emissions Trading Scheme

The UK Emissions Trading Scheme (ETS) Authority has recently unveiled a series of reforms aimed at strengthening emission limits for industrial, power, and

July 4, 2023
Total Views: 1925

Friday, March 3, 2023
container ship
Shipping

Platts Launches Carbon-Accounted Assessments for Container Shipping

Platts, part of S&P Global Commodity Insights, has announced the launch of daily carbon-accounted container freight assessments on 10 key routes from March

March 3, 2023
Total Views: 1251

Monday, December 19, 2022
A tanker ship is seen in the English Channel at sunrise, near Dover, Britain, August 4, 2021. REUTERS/Peter Nicholls/File Photo
Shipping

EU Reaches Landmark Deal to Strengthen Carbon Market

By Ewa Krukowska and John Ainger (Bloomberg) — The European Union reached an agreement to strengthen and expand its flagship carbon market, endorsing

December 19, 2022
Total Views: 450

Friday, December 2, 2022
smoke pollution coming from a container ship
Shipping

European Shipowners Welcome Deal to Include Shipping in EU Carbon Market

European shipowners are welcoming this week’s provisional agreement to include maritime shipping in the EU carbon market, which will force vessels to pay

December 2, 2022
Total Views: 533

Wednesday, November 30, 2022
ship emissions
Shipping

World Shipping Council Responds Shipping’s Inclusion in EU Carbon Market: ‘Liner shipping is ready’

The World Shipping Council, representing the international liner shipping industry, has issued a response to the preliminary agreement by the European

November 30, 2022
Total Views: 545

smoke pollution coming from a container ship
Shipping

EU Strikes Deal to Include Shipping in its Carbon Market

By Kate Abnett BRUSSELS, Nov 30 (Reuters) – The European Union has agreed to add shipping to its carbon market for the first

November 30, 2022
Total Views: 652

Thursday, November 3, 2022
BIMCO Drafts Emissions Trading Scheme Allowances Clause for Time Charter Parties
Shipping

BIMCO Drafts Emissions Trading Scheme Allowances Clause for Time Charter Parties

By Ira Breskin – BIMCO, which provides most standard ship charter parties or leasing contracts, recently drafted a clause that makes charterers

November 3, 2022
Total Views: 852

Wednesday, June 8, 2022
Shipping emissions
Environment

Lawmaker Fight Derails EU’s Carbon Market Overhaul

By Ewa Krukowska and John Ainger (Bloomberg) — The European Parliament failed to clinch a deal on the biggest overhaul of the bloc’s carbon market

June 8, 2022
Total Views: 477

Monday, February 7, 2022
ship emissions
Shipping

Explainer: Shipping’s Inclusion in EU’s Carbon Market

By Jonathan Saul, Kate Abnett and Nina Chestney LONDON, Feb 7 (Reuters) – The European Commission has proposed adding shipping to the bloc’s

February 7, 2022
Total Views: 829

Wednesday, February 2, 2022
A containership arrives at the Port of Rotterdam
Environment

Rotterdam Ranks as Europe’s Top Carbon Polluting Port, NGO Says

T&E’s ranking of Europe’s ports by carbon emissions puts the spotlight on ports to do more to clean up shipping while industry profits soar. Rotterdam

February 2, 2022
Total Views: 904

Thursday, January 13, 2022
smoke pollution coming from a container ship
Environment

EU’s Carbon Market for Shipping Leaves Millions of Tonnes of CO2 Unregulated, Study Shows

By Jonathan Saul and Kate Abnett LONDON/BRUSSELS, Jan 13 (Reuters) – European Commission proposals to bring shipping into the bloc’s carbon

January 13, 2022
Total Views: 661

Friday, October 22, 2021
Piraeus Port
Environment

Greece Calls for ‘Realistic’ EU Emissions Policy for Shipping

ATHENS, Oct 20 (Reuters) – EU shipping power Greece has told the European Commission that adding the industry to the bloc’s carbon

October 22, 2021
Total Views: 450

Wednesday, July 14, 2021
port of rotterdam storage
Shipping

EU Proposes Adding Shipping to Its Carbon Market

By Jonathan Saul and Kate Abnett LONDON, July 14 (Reuters) – The European Commission on Wednesday proposed adding shipping to the bloc’s

July 14, 2021
Total Views: 759

Wednesday, June 30, 2021
containership
Shipping

EU Steers Shipping Towards Carbon Market for Ship Emissions

By Kate Abnett and Jonathan Saul BRUSSELS, June 30 (Reuters) – Ship owners could be forced to pay for pollution from their vessels or face bans from

June 30, 2021
Total Views: 903
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gCaptain’s full coverage of the maritime shipping industry, including containerships, tankers, dry bulk, LNG, breakbulk and more.