This briefing report provides the necessary guidance to shipping companies for timely compliance with the EU ETS Directive requirements. The revision of the EU ETS Directive entered into force on 5 June 2023. Implementation for the maritime industry will begin on: 1 January 2024, for cargo and passenger ships of 5000 GT and above; and 1 January 2027, for offshore ships of 5000 GT and above. The extension of EU ETS Directive to maritime transport requires additional reporting requirements. This was facilitated by Regulation (EU) 2023/957, amending Regulation (EU) 2015/757 which was published in the European Journal on 10 May […]