The UK shipping industry has stepped up its criticism of government plans to extend the UK Emissions Trading Scheme (UK ETS) to domestic maritime from July 1, 2026, warning that the policy could raise costs, hit island communities and undermine competitiveness without delivering meaningful emissions cuts. The Draft Greenhouse Gas Emissions Trading Scheme (Amendment) (Extension to Maritime Activities) Order 2026 was passed in the Commons on February 11, following what industry

Marco M. Sylvester, Deputy Assistant Secretary for Transportation Affairs of the US Department of State , took a clear position on the decarbonization of shipping and the so-called Net-Zero Framework (NZF) of the International Maritime Organization (IMO) . Participating in the ministers' panel, as part of the 16th Greek Capital Link Maritime Conference, together with Shipping Minister Vassilis Kikilias , Cyprus' Deputy Shipping Minister Marina Hatzimanoli and Malta's Transpor

source: IMO The shipping industry stands at a pivotal moment as it faces urgent decisions that will shape its future in the race to reduce emissions. The International Maritime Organization (IMO) has restarted discussions on a global green shipping strategy, while the European Commission is reviewing how the Emissions Trading System (ETS) applies to shipping. These developments come amid growing pressure to achieve net zero emissions and maintain a level playing field for shi

China’s carbon market has reached a significant milestone in 2025, with the total value of CO2 emission rights transactions hitting 57.66 billion yuan. This achievement reflects the country’s growing commitment to controlling greenhouse gas emissions and advancing climate goals. The market now covers major industrial sectors and continues to expand steadily, playing a crucial role in China’s path toward carbon neutrality. China's coal power sector contributing to carbon emiss

source: LinkedIn Ahead of her appearance at the Tankers 2030 Conference in Singapore (19-20 November 2025), DNV senior vice president and global segment director for tankers Catrine Vestereng set out how tanker operators can approach for tanker compliance. This involves is a pragmatic framework for compliance under FuelEU Maritime and the EU Emissions Trading System (EU ETS), emphasising portfolio thinking, flexibility and segment-specific technology to hold down costs while

Independent analysis reveals regulatory and economic barriers could leave the EU 40% below 2030 underground carbon storage targets. The European Union’s ambitious carbon storage targets under the Net Zero Industry Act (NZIA) are unlikely to be met, according to new research from Wood Mackenzie.  The study, commissioned by ExxonMobil , OMV Petrom , Shell , and TotalEnergies , but conducted independently, finds that Europe’s available CO2 injection capacity by 2030 will reach o

A coalition of ten leading companies and industry groups has written to European Commissioners and the Danish Presidency of the Council of the EU, urging them to accelerate support for zero-emission shipping and aviation technologies under the forthcoming Sustainable Transport Investment Plan (STIP). The letter, coordinated by the SASHA Coalition , was signed by technology pioneers including Ecojet, ZeroAvia, ZULU Associates, MONTE, Hybrid Air Vehicles, LH2 Shipping, Condor,

SHUTTERSTOCK archive photo The agreement, which calls for zero greenhouse gas emissions by 2050, was opposed by the US, while Greece, like Cyprus, had previously expressed serious reservations. The vote by members of the International Maritime Organization (IMO) on the proposed new net zero carbon emissions framework (IMO Net Zero Framework – NZF), supported by the European Union, China and other states, has been postponed for a year . The decision came out, during the Inter

Paliou, Prokopiou, Martinos, Hatzigiannis, Coustas The proposed greenhouse gas emissions charges and the future of shipping in relation...

source: EU The European Commission has identified the need to scale up and invest in clean energy infrastructure and technologies, such...

A group of leading shipping companies, including major Greek interests, are calling in a joint statement for changes to a United Nations...

Regulated Allowances concern 40% of 2024 CO2 emissions in shipping. According to Drewry, a private shipping research and advisory firm...

The United States has rejected the International Maritime Organization's (IMO) proposal for the so-called " Net-Zero Framework" which...

BetterSea , the digital maritime compliance platform, proudly announces the launch of the world’s first FuelEU Index, a powerful new...

source: WSC European maritime policy is at a critical juncture, as the debate on the harmonisation of the European Emissions Trading...

Emissions last year were about 50% higher than what might have been expected had Houthi attacks not led shipping to divert away from the...

The European Commission is preparing to unveil a proposal by the end of 2025 that would shield EU exporters in high-emissions...

The British Compressed Gases Association (BCGA) will explore how the EU’s new Carbon Border Adjustment Mechanism (CBAM), often referred...

The EU is on track to cut its net greenhouse gas emissions by 54% from 1990 levels by 2030, just short of its legally binding 55% target,...

The European Commission has adopted a delegated regulation and a corresponding decision outlining the obligations for oil and gas...