Hot off the heels of the phased introduction of the EU Emission Trading Scheme for shipping, the industry is bracing itself for the impending impact of FuelEU Maritime. This new regulation, set to be enforced from January 1, 2025, mandates significant reductions in greenhouse gas (GHG) intensity. While the initial target of a 2% cut might seem modest, the potential financial consequences for non-compliance are far from negligible, reports Baltic Exchange.
FuelEU storm brewing for shippingAccordin...
https://mfame.guru/navigating-the-financial-and-regulatory-waves-of-the-decarbonisation-mandate/