ertnews.gr

Increased Operational Costs Loom for Large Ships in EU Ports by 2025

By 2025, large vessels of 5,000 GT and above will face heightened operational costs in EU ports due to new regulations, including the expansion of the Emission Trading System (ETS) and the FuelEU Maritime regulation. Shipping companies will need to acquire carbon credits for their emissions, with escalating requirements over the coming years. The FuelEU regulation mandates lower carbon intensity in fuels used by ships, significantly impacting freight rates. The combined regulations are expected to influence a large number of vessels, as many currently engage in trade with EU ports.

Source

LEAVE A RESPONSE