A greener voyage: the EU emissions trading scheme finally given the all clear to set sail for maritime

On 18 April 2023, the European Parliament voted in favour of the legislative amendments published on 8 February 2023 to the EU Emissions Trading Directive (the “Amendment”) to include the maritime sector in the EU’s Emissions Trading Scheme (“EU ETS”). The inclusion of the maritime sector in the EU ETS has been on the horizon …