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Update on decarbonisation issues for shipping, October 2023
This is a busy period for new regulation coming on-line which impacts on shipping and the usual way of conducting business. Two regulations have come into force during 2023 from the international regulator, the International Maritime Organisation. Additionally, maritime is to be added to the existing EU Emissions trading scheme, which imposes a cost on creating Greenhouse Gas (‘GHG’) emissions within the EU.
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