Carbon News

The European Sea Ports Organisation (ESPO) has reiterated its support for an emissions trading scheme (ETS) as instrument for greening the shipping sector, but expresses its serious concern about first signs of carbon and business leakage due to the limited scope of the current legislation.For ESPO, the principle to consider calls to some transhipment ports neighbouring the EU as a “port of call” in the counting of the ETS charges is only a partial solution to the problem. ESPO agrees with the identification of Tanger Med and East Port Said as major neighbouring transhipments ports.

Maritime data company OceanScore has launched an integrated solution that enables ship operators to manage emissions liabilities and trade carbon allowances under the impending EU ETS regime for shipping.Shipping companies, as the designated Document of Compliance holder (DoC holder) under the EU ETS regime, will be required to surrender to the authorities EUAs based on their annual emissions, starting at 40% of emissions in 2024 and rising to 70% and 100% of emissions in 2025 and 2026…

The UK Emissions Trading Scheme Authority (UK ETS) – has announced that the scheme will be expanded to include domestic maritime transport from 2026.The scheme will be applicable to vessels of 5,000 gross tons or higher.The UK ETS is run by a joint body comprising the UK Government, Scottish Government, Welsh Government and the Department of Agriculture, Environment and Rural Affairs in Northern Ireland.The UK ETS was launched in 2021 to replace the UK’s participation in the EU ETS.

Glamox AS is undertaking a major project to retrofit Stena Line’s fleet of passenger ferries with energy-efficient LED lighting. Replacing mainly fluorescent luminaires with LED luminaires will enable Stena Line to reduce electricity used for lighting by 60 percent. This shift to LED technologies corresponds with Stena Line’s sustainability strategy which includes reducing CO2 emissions from existing vessels by 30 percent.To date, an initial 15 RoRo and RoPax ferries are being refitted with around 3,500 energy-efficient LED luminaires.

Ship management association InterManager is urging the European Commission to follow the polluter pays approach when finalising legislation intended to reduce greenhouse gas emissions from shipping in European waters.Shipowners are concerned that proposed EU-ETS legislation could miss its mark if it holds ship management firms accountable for emissions reductions rather than target the parties who control key pollution-related aspects of ship operation such as fuel, machinery and vessel speed.In a submission to the Commission…

DNV has launched Emissions Connect, an emissions data verification engine and data management platform designed to help the maritime industry accurately assess and work with emissions data.The solution provides a trusted, verified source of emissions data that can be shared securely with all relevant stakeholders along the maritime value chain. High-quality emissions data provided by the shipowner is verified by DNV and shared with customers for self-service in settlement of transactions or other purposes such as compliance reporting…

Danish bulk shipping company Norden has partnered with 123Carbon and its partners, AllChiefs and Verifavia, to commence offering carbon inset tokens through 123Carbon’s newly developed platform.With the platform, Norden will now be able to tokenise CO2-equivalent reductions made on biofuel voyages and allocate them to industry customers who are looking to reduce their maritime Scope 3 emissions.The platform supports auditing companies like Verifavia, a global verification auditing body specialised in transport…