India’s Carbon Credit Trading Scheme 2023 – How is the industry reacting to it

The government has taken a step towards reducing greenhouse gas emissions and promoting sustainability by launching the Carbon Credit Trading Scheme 2023. This scheme assigns a value, known as a carbon credit, to every ton of carbon dioxide equivalent (tCO2e) reduced or avoided, providing a structured framework for the country’s carbon market. Under the new

VesselsValue rolls out energy efficiency rating tool

UK-based online pricing platform VesselsValue has joined the likes of RightShip, Clarksons, Scope Group, and Metis Cyberspace Technology, to name a few, in launching its own dedicated tool that allows users to access, customise, and compare vessels’ energy efficiency ratings. This latest feature is said to combine VesselsValue’s shipping data with the IMO’s framework to