Asia Pacific > Singapore faces biggest share of Asia’s €1 bln EU ETS shipping burden -research

Singapore faces biggest share of Asia’s €1 bln EU ETS shipping burden -research

Published 11:49 on April 10, 2024  /  Last updated at 12:07 on April 10, 2024  / Nikita Pandey /  Asia Pacific, EMEA, EU ETS, Other APAC, Shipping

The inclusion of shipping in the EU ETS is likely to impose €1 billion in costs for the Asian shipping industry, with Singapore bound to take on around a third of that, according to research published Wednesday.
The inclusion of shipping in the EU ETS is likely to impose €1 billion in costs for the Asian shipping industry, with Singapore bound to take on around a third of that, according to research published Wednesday.


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