17/02/2021at 09:54

Søren Skou sees many practical issues with upcoming carbon quotas from the EU

There is no doubt that shipping will soon become part of the EU's Emission Trading System. But there are many issues that need to be resolved, says Maersk CEO Søren Skou. "The most important thing for us is a level playing field."

Photo: Jacob Gronholt-Pedersen/Reuters/Ritzau Scanpix

by SØREN PICO

The question is no longer whether shipping will be made part of the EU's quota system, but rather how it will be done in practice.

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Søren Skou sees many practical issues with upcoming carbon quotas from the EU

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Related articles:

Price of EU carbon quotas climbs to all-time high

EU working with several models for including shipping in quota system

NGO urges EU to include LNG and voyages outside the region in quota system

Sign up for our newsletter

Front page now

Shipping could become early victim of Taiwan conflict

Russian oil could end up in tanks of European ships through simple maneuver

Greek shipowners see much uncertainty ahead: "No one is able to predict the outcome"

Norway's minister of finance affirms: No changes to carriers' tax benefits

Maersk has called off the most voyages after drop in demand

OOCL expects gradual container market recovery later in 2023

Further reading

Shipping could become early victim of Taiwan conflict

Maersk has called off the most voyages after drop in demand

Methanol could become the preferred fuel for new vessels already in 2023

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