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                    [post_content] => Maritime transport accounts for ~3% of global anthropogenic greenhouse gases (GHGs), yet is not covered by the Paris Agreement objectives. Earlier this year, the sector’s main regulator, International Maritime Organisation (IMO) adopted a revised GHG strategy setting an enhanced common ambition to reach net-zero GHG emissions from international shipping close to 2050. As of 2024, maritime transport emissions will be incorporated under the European Union’s cap-and-trade program – the Emissions Trading System (EU ETS). As a result, shipping companies using European ports will have to monitor and report their emissions and purchase and surrender EU allowances (EUAs) for each tonne of reported carbon dioxide (CO2) emissions. From 1 January 2026, this obligation will be extended to two short-lived GHGs – methane (CH4) and nitrous oxide (N2O).

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