EU ETS

Positive Stories from the Shipping Industry in 2020

With the pandemic and the 2020 sulphur cap, the shipping industry had a challenging time this year but despite all odds it sailed through it rather well. So, here we are chartering some success stories from the shipping industry as presented by Safety4sea.

Chronicling Stories That Shaped the Year

Like all sectors, maritime industry faced an unprecedented situation; whether succeeded or not, industry managed to survive, proving the power of teamwork and solidarity. On the occasion, this month, we...

https://mfame.guru/positive-stories-from-the-shipping-industry-in-2020/

EU ETS Would Add $4,000/d To Aframax Operating Costs

  • Shipowners operating under the European Union’s emissions trading system (EU ETS) could see operating costs jump considerably.
  • At present, it is unclear whether the EU ETS would apply to ships where only the discharge or loading port is under EU control.
  • However, vessels plying their trade between EU ports are to be included in the scheme.

The inclusion of shipping in the European Emissions Trading System (EU ETS) could boost costs for shipowners by as much as $4,000/d, reports Argus Media.

This...

https://mfame.guru/eu-ets-would-add-4000-d-to-aframax-operating-costs/

+ More