EU ETS To Begin Taxing Shipping Emissions From 2024

Credit: ALEXANDRE LALLEMAND / unsplash

The European Council and the European Parliament reached a provisional political agreement on important legislative proposals of the ‘Fit for 55’ package, including the EU ETS maritime policy that will further reduce emissions and address their social impacts. The deal is provisional pending formal adoption in both institutions.

EU ETS Maritime

The Council and Parliament agreed to include maritime shipping emissions within the scope of the EU ETS. They agreed...

https://mfame.guru/eu-ets-to-begin-taxing-shipping-emissions-from-2024/

Dozens Of Merchant Vessels Stuck Off Iran’s Ports As Payment Snags Bite

Dozens Of Merchant Vessels Are Stuck Off Iran’s Ports As Payment Snags Bite

Dozens of merchant’s vessels with sugar and grains are reportedly stuck outside ports of Iran following weeks of delays as payment snags disrupt the flows of goods into the country, per shipping data and trade sources.

Food is reportedly exempt from the sanctions of the West on Iran over the nuclear program. Still, the effect of the sanctions on the Iranian financial system has resulted in complex and erratic payment arrangements, especially with international firms.

The most recent payment...

https://www.marineinsight.com/shipping-news/dozens-of-merchant-vessels-stuck-off-irans-ports-as-payment-snags-bite/

Finnlines’ New Cargo-Passengers Vessels Will Sail Under The Finnish Flag

Finnlines’ New Cargo-Passengers Vessels Will Sail Under The Finnish Flag

Reliable transport of freight over the Baltic is vital for the Finnish trade, industry and security of supplies. As an example, around 90 per cent of the Finnish and Swedish exports and imports are carried by ships.

Finnlines and the Finnish Seafarers’ Union have reached an agreement, which will ensure that Finnlines’ new Superstar class cargo-passenger vessels, i.e. ro-pax vessels, which will enter traffic in 2023, will operate under the Finnish flag.

The new vessels will offer 200 new permanent...

https://www.marineinsight.com/shipping-news/finnlines-new-cargo-passengers-vessels-will-sail-under-the-finnish-flag/

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon