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Read all the latest news about EU. ShippingWatch gives you independent, credible, critical and fair news.

Price of EU carbon quotas climbs to all-time high

The price of European carbon quotas is soaring, as the shipping sector is on track to soon be included in the system. Right now it costs USD 42 to emit a ton of carbon, the highest price ever. Maersk has asked the EU for permission to not pay at all.

Klaveness CEO: The battle about CO2 quotas on shipping is lost

The battle about CO2 quotas on shipping in the EU is lost, says Klaveness CEO Lasse Kristoffersen, who, together with Maersk Tankers, now encourages the industry to accept regional climate legislation. "Things are moving too slow in the IMO," he tells ShippingWatch.

EU accepts container lines' major rate increases

EU has earlier in the coronavirus process issued a warning to the container lines that are now facing criticism for having used the crisis to force prices up. But beyond this, the EU competition regulators will not interfere, ShippingWatch has learned.

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