Mike Corrigan discusses Interferry’s priorities for 2024 Protecting the environment is high on the regulatory agenda for the global shipping industry. On 1 January 2024, the Maritime into the European Union Emission Trading System (EU ETS) entered force, requiring operators to pay for the carbon dioxide they emit. With today’s fuel prices, the additional cost is estimated to be around €150 ($163) per ton of fuel. 

EU ETS covers 100 per cent of intra-EU voyages and 50 per cent of voyages from/to the EU for all ships above 5,000gt. It is likely that the UK will introduce a corresponding scheme in future. There is a phase-in period with 40 per cent coverage for 2024, 70 per cent for 2025 and 100 per cent as from 2026. In addition to carbon dioxide, methane and nitrous oxide will be covered by the EU Monitoring, Reporting and Verification from 2024 and by the EU ETS from 2026. 

Similarly, 2023 marked the introduction of the International Maritime Organization (IMO) Carbon Intensity Indicator (CII). It has caused difficulty and ...
https://www.cruiseandferry.net..../articles/mike-corri