The European Commission’s (EC) long-anticipated review of the EU Emissions Trading System (ETS) landed today (17 July) with an emphasis on more and ringfenced investment for industries’ decarbonisation, including around €15 billion a year for the maritime sector, which, the EC claims, would be an eight-fold uplift on the current level. As outlined in the review, which sets the framework for the 2031-2040 EU ETS cycle, the EU’s Innovation Fund would continue its work in supporting first commercial applications of innovative technologies across a number of sectors, and while there are perhaps no outright wins for those maritime stakeholders who […]

Dan-Bunkering achieved a revenue of $3.1 billion in 2025/26 with bunker volumes increasing by over 5% year-on-year and orders for alternative marine fuels growing by some 50% over the course of the financial year. Revenue for FY2 2025/26 was significantly higher than the $969 million posted in the previous financial year, while earnings before tax were $36.4 million, compared to $14.3 million the year before. Dan-Bunkering CEO Claus Bulch said that company’s financial performance ‘has shown that when uncertainty increases – whether through supply disruptions, rising price volatility or geopolitical developments – our customers value trusted partnerships more than ever.’ […]

European Shipowners | ECSA, which is pressing for the European Commission’s upcoming review of the EU Emissions Trading System (ETS) to compel EU Member States to allocate a portion of their EU ETS revenues to sustainable fuels’ development, has published a study which estimates the contribution of shipping’s ETS revenues to the national budgets of EU Member States and EEA countries. The result of ES | ECSA’s in-house analysis, the study notes that, since its inclusion in the EU ET in 2024, shipping companies have reported around 90 million tonnes of verified emissions a year falling under the full scope […]