UK ports hit back at Brussels over ETS diversion claims

🇬🇧 Splash247 Maritime (GB) —
UK ports hit back at Brussels over ETS diversion claims

AI Summary

British ports have disputed EU claims that shipping companies are diverting container traffic to the UK to avoid emissions charges under the EU ETS. The British Ports Association says proposed anti-evasion measures could unfairly penalize billions of pounds invested in UK terminals.

British ports have challenged European Union claims that shipping lines are diverting container traffic to the UK to escape carbon charges, warning that proposed anti-evasion measures risk penalising billions of pounds of investment in British terminals. The British Ports Association (BPA) has rejected findings from Spain’s EU ETS Observatory linking rising UK container activity to …

World Politics Markets Real Estate Commodities Shipping UK ports EU ETS container traffic carbon charges British Ports Association terminal investment

Read original source →