Shipping and ferry operations are an essential part of supply chains and travelling. By creating a trading system where shipping companies can invest in research and development, we can all contribute to ensure that future generations inherit a world that is as good as, if not better than, the one we live in today.
The United Nations is working to create a more sustainable future for everyone. In 2019, the EU and UK both made sustainability decisions as part of global efforts to cut emissions to net zero by the year 2050.
However, the need for shipping and travel will remain, so new solutions are needed in order for us all to reach this goal. ETS (Emissions Trading Scheme) is a mechanism by governmental authorities to reduce greenhouse gas emissions. For the shipping sector, EU ETS surcharges were included in January 2024, with a phased implementation, while UK ETS surcharges were implemented in July 2026.

