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Back in July, the European Union (EU) finally unveiled its much-anticipated plans to meet its climate ambitions, which for the first-time folded shipping into the Emissions Trading Scheme (ETS). The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.
Last week, the European parliament voted to include emissions from shipping within the EU Emissions Trading System (ETS) by 2023, if there is no comparable IMO system in place by 2021. Weekly tanker market report by Gibson Shipbrokers.
The rules on EU advance cargo declaration will apply in addition to existing customs rules laid down in the Community Customs Code.
BIMCO relaunches ship benchmarking system Shipping KPI after two years of redesign. The system helps shipowners and managers make strategic decisions about their fleet.
In 2009, the United States Coast Guard (USCG) issued a safety alert highlighting the possible hazards arising from switching from residual fuel oils to distillate fuel oils in order to reduce emissions.
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