News / 'Pooling' ships could save millions in EU ETS payments, says report

© Igor Groshev

As the EU ETS standards set in, classification society Lloyd’s Register (LR) has released a report illustrating some of the ways shipowners might try to play the system in the coming years.

The Loadstar has covered the incentives for ETS-dodging: shippers face higher costs for operating within European waters, as transhipment facilities in the Mediterranean face being undercut by non-EU competitors – Egypt’s Port Said and Morocco’s Tangier Med, for example, not being bound by the same ...