Sustainability

Asian shipowners could face €1bn in EU emissions liabilities, says OceanScore

Companies registered in China and Singapore will bear the highest burden

Asian-owned vessels such as the Japanese-owned 12,300-dwt chemical/product tanker Oriental Acacia (built 2011), seen arriving in Piraeus, could face hefty ETS liabilities.
Asian-owned vessels such as the Japanese-owned 12,300-dwt chemical/product tanker Oriental Acacia (built 2011), seen arriving in Piraeus, could face hefty ETS liabilities.Photo: Jonathan Boonzaier
Singapore
Published 23 February 2024, 02:59Updated 28 February 2024, 19:42
OceanScoreEU ETSChinaSingaporeEuropean Union