Starting 1 January 2025, offshore ships must comply with EU MRV emission reporting rules as the ­European Commission defines their role in meeting climate targets.

The combination of strong cash flow in the shipping market and continued uncertainty related to regulatory requirements, fuel standards, and sustainability means that the focus on future-proofing investments continue to increase.

Much has been written about the FuelEU regulations’ impact on the shipping industry, but with just a month to go before ­regulations fully take effect, there will still be work to be done on contractual arrangements to ensure that they properly address the requirements of this new regime.

Following the inclusion of shipping in the EU's emissions trading system on 1 January 2024, the focus is now shifting to the practical aspects of compliance with the regulations, including monitoring, reporting, and surrendering of allowances.

On 31 January 2024 the EU Commission published their anticipated list showing which shipping companies shall be associated with the different administering authorities of the member states under the EU ETS.

The Norwegian Safety Investigation Authority is tasked with conducting safety investigations into maritime accidents if they either involve Norwegian flagged ships, take place in Norwegian waters or involve significant Norwegian interests. Its reports may be important evidence in civil and criminal proceedings arising out of the casualty. The ability of private parties to protect their interests in respect of civil claims and criminal liability may therefore depend on the extent to which their interests are protected in connection with the investigation.

The inclusion of the shipping industry in the EU Emission Trading System as per Directive 2003/87/EC ("the EU ETS") from 1 January 2024 is now fast approaching. According to Article 3 in the said directive, it is the "shipping company" that is responsible for compliance with the EU ETS-obligations, hereunder to surrender emission allowances.

Tvisteløsning

Forsikringsrett

Havarihåndtering og kriseberedskap til sjøs

Offshore

Shipping

Advokatfullmektig

Oslo

{"title":{"title":"Thomas Berger | Wikborg Rein"}}

Thomas bistår med tvisteløsning og rådgivning på flere sjørettslige områder, blant annet knyttet til problemstillinger innen sjøforsikring, certepartier, begrensningsfond og alminnelige kontraktsrettslige spørsmål.

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