Liberian Registry hits out at proposed EU ETS shipping extension

The world’s second-largest vessel registering service opposes what it sees as European overreach

The Liberian Registry has warned that a proposal made by the European Parliament to extend the EU emissions trading system (ETS) not just to shipping in EU waters but to all journeys made to and from the EU will distort the global maritime sector.  “We understand the need for efforts to lower greenhouse gas (GHG) emissions, and continue to push for a cleaner environment, as well as a more efficient maritime industry,” says its COO, Alfonso Castillero.      “However, at least for international shipping, it is vital we work toward one set of requirements established by the IMO, avoiding the creation of a fractured system of regional requirements that reach beyond their own waters, and assuring