The clock is ticking for the maritime sector. By 30 September 2025, shipping companies must account for 40% of their verified 2024 GHG emissions by surrendering the corresponding EU Allowances (EUAs).
The implications of falling short are significant: from substantial penalties to reputational fallout. With the deadline fast approaching, shipping companies need to prioritise securing and managing EUAs effectively ensuring that all is set ahead of time.
The EU ETS is no longer a future challenge – it’s a present compliance reality.
Our team continues to monitor developments closely to provide clients with up-to-date guidance. For deeper insights, explore our recent articles on the topic:
1) Maritime transport included in EU ETS: latest developments – Lexology
2) Untangling EU ETS – Lexology
For assistance, contact:
Ann Fenech: ann.fenech@fenechlaw.com
Daniel-Luc Farrugia: daniel.farrugia@fenechlaw.com
OUTLINE
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