In the Regulatory Update 2024, MS Amlin highlighted the extension of the EU Emission Trading System (EU ETS) to the maritime sector, effective from January 1, 2024, as part of the EU’s effort to reduce greenhouse gas emissions by 55% by 2030. This circular provides further details on the EU ETS application and compliance processes for the maritime industry. 

By Ilian Djadjev 

Contractuel Loss Prevention Consultant