New environmental requirements could make ships bypass Europe: "It's simple"

From next year onwards, the shipping industry will be included in the European carbon trading system. This means higher prices for freight, executives say. 
Eagle Bulk must be compensated by customers when ships from next year will be far below the EU ETS, says CEO Gary Vogel. | Photo: David Butler / Marine Money
Eagle Bulk must be compensated by customers when ships from next year will be far below the EU ETS, says CEO Gary Vogel. | Photo: David Butler / Marine Money

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