
Our shipping law insights provide legal and market commentary, addressing the key questions and topics of interest to our clients operating in the shipping industry, helping them to effectively manage risk.
The knowledge of our global shipping lawyers encompasses every aspect of shipping law, including admiralty and marine-related matters. We provide the information charterers, marine insurance providers, ship financiers and shipowners need in order to navigate the changes and challenges facing the industry, including new environmental regulations and ship safety standards, the latest developments in shipping finance, and the move towards digitalization.
Legalseas – latest publication
In our latest Legalseas publication we provide analysis and commentary on the EU ETS. In July 2021, the European Union (EU) released the ‘Fit for 55’ package, a set of proposals to update EU law in order to meet the EU’s aims of reducing net greenhouse gas emissions by 55% by 2030. A number of the proposals are intended to impact the shipping industry, including the proposed expansion of the EU emissions trading scheme (the EU ETS) to include maritime transport. On 18 December 2022, after scrutiny from a number of EU legislative chambers, the Council of the European Union and the European Parliament reached a provisional political agreement on the EU ETS proposals. A draft version of the directive was published on 8 February 2023 and this was approved by the EU Parliament on 18 April 2023. In this article we look at what the EU ETS is, the scope of the Directive and how this will impact the shipping market.
You can read this and all our articles in the ‘Recent insights’ section below.
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