Asia Pacific > Singapore bank moves on EUA trade for Asian shippers as ETS expands

Singapore bank moves on EUA trade for Asian shippers as ETS expands

Published 09:25 on September 24, 2024  /  Last updated at 09:25 on September 24, 2024  / /  Asia Pacific, EMEA, EU ETS, International, Other APAC, Shipping

Singapore's DBS bank announced Tuesday it will offer financing and hedging services for allowances under the EU  Emissions Trading Scheme (EU ETS) as shipping companies outside the EU are now included in emissions calculations, becoming the first Southeast Asian bank to do so.
Singapore's DBS bank announced Tuesday it will offer financing and hedging services for allowances under the EU  Emissions Trading Scheme (EU ETS) as shipping companies outside the EU are now included in emissions calculations, becoming the first Southeast Asian bank to do so.


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