Regulation

Long detours for ships could lead to unexpected costs for carbon quotas

If ships are delayed into the new year due to the situation in the Red Sea, shipping lines must remember to account for the extra CO2 emissions.
Many shipping companies have been forced to send their vessels away from the Red Sea and the Suez Canal after repeated attacks on ships. This can result in unexpected costs to the EU. | Photo: Amr Abdallah Dalsh/Reuters/Ritzau Scanpix
Many shipping companies have been forced to send their vessels away from the Red Sea and the Suez Canal after repeated attacks on ships. This can result in unexpected costs to the EU. | Photo: Amr Abdallah Dalsh/Reuters/Ritzau Scanpix
by METTE GRUBE CONDRUP

The tense situation in the Red Sea has prompted shipping companies to suspend sailings in Yemeni waters and redirect them to other routes.

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