LNG availability and EU elections keep EU ETS allowances flat

EU allowances are showing some signs that the gas-driven rally may be running out of steam, as a rebound in Norwegian North Sea production relieves energy supply fears. The UK ETS also snapped its weeks-long winning streak as speculative buying took a breather. Carlton Carbon data for the week shows that EUAs fell by €2.71

Fuelink platform provides one-stop shop for bunker data management

Fuelink, a maritime technology provider has launched its new digital platform providing a one-stop shop for bunker data management and fuel supply optimisation. Fuelink will enable effective fuelling strategy forecasting, bunker price comparisons and compliance with the European Union’s Emissions Trading System (EU ETS), including inventory management of EU Allowances (EUAs). The bunker-specific digital platform

New report by ENGINE and Freight Investor Services on fuel choice costs

Bunker platform ENGINE has compiled a report in partnership with Freight Investor Services in which prices are compared for conventional bunker fuels, LNG and biofuel blends, and then adjusted for calorific contents and potential European Union emission trading scheme (EU ETS) costs into next year. The authors of the report claimed in a release that

BIMCO adopts four ETS clauses

The shipping industry is facing an increase in new regulations from the International Maritime Organization (IMO) and the European Union (EU). To support the industry, shipping organisation BIMCO has developed a portfolio of new emission trading scheme (ETS) clauses. BIMCO’s documentary committee adopted a new emission trading scheme allowances clause for BIMCO’s ship management agreement,

Council and Parliament reach provisional deal on EU ETS

The Council and the European Parliament reached a provisional political agreement on important legislative proposals of the ‘Fit for 55’ package that will further reduce emissions and address their social impacts. The deal is provisional pending formal adoption in both institutions. The EU Emissions Trading System (EU ETS) is a carbon market based on a