Business briefing 2023: the impact of ETS extension on maritime industry
In April 2023, the European Parliament approved new legislation under the EU Emission Trading System (ETS). The legislation includes maritime shipping emissions in a welcome attempt to boost decarbonisation in the sector. But what does it mean for shipping companies?
In this business briefing, we’re taking a deep dive into the new ETS legislation on maritime shipping emissions. We answer two key questions:
- What is the expected financial impact of ETS on shipping companies?
- What is the risk of shifting trade routes to ports outside Europe?
To do this we undertook a financial cost-benefit analysis – focused on fuel costs, charter costs and expected costs from the obligation to surrender ETS allowances – including examples to quantify the results.
Download the briefing to see what we discovered.
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Business briefing 2023
The ETS legislation includes maritime shipping emissions to boost decarbonisation in the maritime industry. But what does it mean for shipping companies?
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Ocean Shipping Consultants
Ocean Shipping Consultants (OSC) is the maritime economics & operations consultancy group of Royal HaskoningDHV and is a leading brand in the maritime sector with over 30-years’ experience.
