According to OceanScore, Asian vessel owners operating ships to and from Europe are anticipated to encounter emissions liabilities exceeding approximately €1 billion (US$1.1 billion) once the EU Emissions Trading System (EU ETS) is fully enforced.
According to the statement, the highest burden is expected to fall on companies registered in China and Singapore. Hamburg-based maritime technology firm OceanScore has projected that Asian-based Document of Compliance (DoC) holders will need to hand...