News / ICS uses China opening to slam EU ETS aimed at shipping

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This week, ICS used the launch of its new office in Shanghai to criticise the incoming EU Emissions Trading Scheme (ETS) and its application to shipping.

Simon Bennett, ICS deputy secretary general, on the podium in front of Chinese audiences, stressed “the importance” of “a legal framework in maritime transport”, and underlined the “challenges and risks from other unilateral regulations”, according to Shanghai’s Yicai.

The EU ETS is set to come into force in January 2024, applying to vessels over 5,000GT, mandating ...