Green Shipping

Green Marine Europe Expands Impact on Maritime Sustainability with 2023 Performance Report

The maritime industry’s environmental transition is gaining momentum as Green Marine Europe (GME), an environmental certification program for maritime stakeholders, unveiled its 5th annual performance report. With 66 members across 10 European countries, GME continues to set the bar for sustainable practices within the maritime sector. The program has expanded […]

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FuelEU Maritime Initiative: Preparing for the Future of Low-Carbon Shipping

As the maritime industry faces increasing pressure to decarbonize, the European Union’s FuelEU Maritime Initiative (FEUM) is set to come into force in January 2025, marking a significant step towards reducing greenhouse gas (GHG) emissions. Part of the EU’s broader “Fit to 55” strategy, FEUM will require shipping companies to

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EU ETS and the Shipping Industry: Navigating Decarbonisation and Complexity

As the maritime sector confronts growing pressure to reduce carbon emissions, the European Union’s Emissions Trading System (EU ETS) has emerged as a key mechanism in driving decarbonisation. However, its introduction into shipping has stirred debate. While some see it as an essential step towards reducing emissions, others view it

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Navigating FuelEU Maritime: Opportunities for Greek Shipping to Turn Penalties into Sustainable Gains

The upcoming FuelEU Maritime regulation, set to take effect in 2025, is already making waves in the shipping industry. Designed to increase the share of renewable energy in shipping, the new law could cost Greek shipping companies a hefty €175 million in penalties. With segments like oil tankers, RoPax vessels,

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