Carbon cost rules questioned

Shipowners and ship managers paying carbon costs under the EU Emissions Trading System (EU ETS) cannot assume they will recover those costs from charterers, despite a statutory reimbursement right, according to a new study from Erasmus School of Law at Erasmus University Rotterdam.

Ship emitting black smoke

Shipowners and ship managers paying carbon costs under the EU Emissions Trading System (EU ETS) cannot assume they will recover those costs from charterers, despite a statutory reimbursement right, according to a new study from Erasmus School of Law at Erasmus University Rotterdam.

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