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Email:jelin@swedishctm.com

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Webinar on EU ETS market Access for the maritime sector

Author: Hits:102 Date:2024-03-26 source:

On March 21 at 10 am Central European time, Jelin, our General Manager, participated in a webinar on market access to the EU Emissions Trading System for the maritime sector.

Since 1 January 2024, the maritime sector has been included in the EU Emissions Trading System (EU ETS). It is vital for shipping companies to keep abreast of the timeline, key dates, and next steps.

The main agenda of the meeting is as follows:

· Introduction

· Political Overview

· EU Emissions Trading System for the maritime sector

· Access to the EU Emissions Trading System

· Q&A session

EEX staff presented the process and implementation plan for integrating the maritime sector into the EU Emissions Trading System.


image

EEX staff present the time points of the first compliance cycle


In 2025, the first compliance cycle, shipping companies have until April 30 to submit their emissions reports for the previous calendar year to the European Commission and the country where the ship is registered through THETIS MRV. Shipping companies must monitor each ship according to their respective monitoring plans, greenhouse gas emissions, fuel consumption and other parameters such as distance travelled, time at sea and the cargo carried on each voyage.

At the seminar, EEX introduced the declaration entry and declaration process in detail to the participants.

Our company has prepared a detailed declaration plan according to the content of the meeting.

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