Commodities 2024: EU ETS adds $25,000-$100,000 to bullish trans-Atlantic Americas tanker freight markets
December 22, 2023 Comments Off
The inclusion of shipping markets in the EU’s Emission Trading System at the start of 2024 will add an estimated $25,000-$100,000 in carbon emission offsetting costs to freight on dirty and clean tanker round-trip voyages from the US Gulf Coast to EU and European Economic Area ports, as Americas tanker markets are set to continue their volatile and bullish trends…
Commodities 2024: EU ETS adds $25,000-$100,000 to bullish trans-Atlantic Americas tanker freight markets
The inclusion of shipping markets in the EU’s Emission Trading System at the start of 2024 will add an estimated $25,000-$100,000 in carbon emission offsetting costs to freight on dirty and clean tanker round-trip voyages from the US Gulf Coast to EU and European Economic Area ports, as Americas tanker markets are set to continue their volatile and bullish trends…
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