Shipbroker Simpson Spence Young (SSY) has launched new service that aims to help clients access the carbon allowance market to comply with the incoming EU Emissions Trading Scheme (ETS).

The London-headquartered firm has formed a strategic partnership with carbon market specialists CF Partners, which operates one of the largest trading desks in the carbon compliance market.

The announcement comes with less than three months to go before the EU ETS compliance requirement for vessel operators begins to be phased in.