
Europe’s shipping industry will face its first financial bill under the European Union’s Emissions Trading System (EU ETS) on September 30, marking a watershed moment in efforts to curb greenhouse gas emissions from maritime transport.
According to Drewry , the London-based maritime consultancy, around 13,000 ships submitted verified emissions data for 2024 through the EU’s Monitoring, Reporting and Verification (MRV) platform.
The records show that vessels emitted 90 million tonnes