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EMISSIONS: Maersk’s GHG emissions rise 7.5% in 2024 Due to Red Sea Rerouting.

EMISSIONS
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Maersk’s GHG emissions increased by 7.5% in 2024, reaching 83.5 mn/t, primarily due to vessel re-routing around the Cape of Good Hope amid ongoing Red Sea disruptions, it said in its annual report, cited by Bloomberg.

  • This re-routing caused capacity shortages and port congestion, requiring faster sailings to maintain Asia-Europe supply chains.
  • EU maritime CO2 emissions rose 8.5% in 2022, reaching 137.5 mn/t, though still below pre-pandemic levels, according to EMSA on 4 February.
  • Additionally, in 2024, the EU became the first to impose a carbon price on ship emissions through the EU ETS.
  • And effective from January 2025, the Fuel EU Maritime Regulation will incentivise low-carbon fuels and set GHG limits on ship energy use.
  • According to Alphaliner last year, the company holds the market-leading position in the trade lanes of Asia-Europe.
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Maersk’s GHG emissions increased by 7.5% in 2024, reaching 83.5 mn/t, primarily due to vessel re-routing around the Cape of Good Hope amid ongoing Red Sea disruptions, it said in its annual report, cited by Bloomberg.

  • This re-routing caused capacity shortages and port congestion, requiring faster sailings to maintain Asia-Europe supply chains.
  • EU maritime CO2 emissions rose 8.5% in 2022, reaching 137.5 mn/t, though still below pre-pandemic levels, according to EMSA on 4 February.
  • Additionally, in 2024, the EU became the first to impose a carbon price on ship emissions through the EU ETS.
  • And effective from January 2025, the Fuel EU Maritime Regulation will incentivise low-carbon fuels and set GHG limits on ship energy use.
  • According to Alphaliner last year, the company holds the market-leading position in the trade lanes of Asia-Europe.