Less than a month remains before the European Union’s Emissions Trading System, or EU ETS, enters into force and time is running short for shipping companies to prepare for the regime and manage their costs.
There is a growing understanding of the incoming rules and the practical steps needed to comply.
However, unknowns remain over the visibility of future pricing for EU Allowances, known as EUAs, which complicate planning processes for shipping companies and could drive up costs.
