Asian shipowners face hefty emissions liabilities of €1bn for EU-bound voyages, according to OceanScore

Asian shipowners with vessels sailing to and from Europe are likely to face estimated emissions liabilities of over €1 billion once the EU Emissions Trading System (EU ETS) is fully implemented, with companies registered in China and Singapore bearing the highest burden, according to OceanScore. The Hamburg-based maritime technology firm has calculated that Asia-based Document …

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