Greek shipping companies face €1bn annual costs due to EU ETS integration, with a €335m bill for 2024.
Greek shipping companies face €1bn annual costs once fully integrated into the EU's Emissions Trading System (EU ETS), with a €335m bill estimated for 2024. Over 2,100 Greek-owned ships and 400 shipping companies will be affected. Shipowners are advised to finalize charter parties with EU ETS clauses to assign costs, and data management is crucial for compliance with the upcoming FuelEU Maritime.
May 27, 2024
3 Articles