Africa > Re-routing to avoid Red Sea threat could triple ETS emissions costs for EU-bound ships

Re-routing to avoid Red Sea threat could triple ETS emissions costs for EU-bound ships

Published 11:58 on March 12, 2024  /  Last updated at 17:24 on March 12, 2024  /  Africa, EMEA, EU ETS, International, Middle East, Shipping

Ongoing attacks by Houthi rebels on ships navigating the Red Sea have forced many Europe-bound vessels to divert their routes, which could as much as triple their emissions liabilities under the EU ETS, according to an ESG data provider.
Ongoing attacks by Houthi rebels on ships navigating the Red Sea have forced many Europe-bound vessels to divert their routes, which could as much as triple their emissions liabilities under the EU ETS, according to an ESG data provider.


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