Cape diversions see box shipping EU ETS outlays leap by 191%
2024-03-13 11:31

Cape diversions see box shipping EU ETS outlays leap by 191%

"Persistent missile attacks by Houthi rebels on ships plying the Red Sea route have led to soaring emissions liabilities for shipping companies under the recently introduced emissions trading scheme for shipping created by the European Union (EU ETS) as lengthy voyage diversions for Europe-bound vessels have multiplied fuel consumption, according to Hamburg-based maritime technology firm OceanScore." See the original story at: Splash247.

Source: Splash247