Regulation

News and features relating to regulation in all its shapes and guises can be found here, from the IMO to regional and national level initiatives. If you want to read about the effects of regional developments, such as the EU Emissions Trading System before its extension to shipping was announced, this would have been your first port of call.

Dr Martin Kröger of the German Shipowners’ Association (VDR) welcomed the provisional agreement, but noted that international market-based measures from the IMO would have been preferable.

EU to ringfence some ETS funds for shipping

2022-12-01T10:57:00+00:00

The EU’s on-going negotiations on the EU ETS for maritime has resulted in an agreement that at least 20 million ETS allowances (equivalent to EUR1.5 billion at the current ETS carbon price) will be allocated to maritime projects under the Innovation Fund.