THE EU’s Emissions Trading System is fraught with ambiguities and contractual risks for shipowners, operators, and charterers, says a study commissioned by the Royal Belgian Shipowners’ Association. Published in the European Transport Law Review, the study says ‘our analysis finds that there are significant complexities in the definition of the responsible entity. ‘One example is the stipulation that the responsible entity must be the same for EU MRV (Monitoring, Reporting, and Verification)...
https://www.seanews.com.tr/eus-emissions-trading-system-fraught-with-contractual-risks/200421/