Emissions implications training workshop
6 MAY 2024 - EMSA
The good, bad and ugly of emission regulation – from risk to opportunity
Regulation is increasingly complex, goal-based and ambiguous. Join us to dive into the issues in an afternoon briefing and workshop to get you across the following key topics:
- The most impactful emission regulation in the near term,
- The implications by shipping segment and trade,
- Decision making tools and tips to navigate them successfully.
Tutor: Martin Crawford-Brunt
Martin has more than 25 years of varied experience across the maritime and shipping industry. He has developed a rather unique blend of regulatory, technical, digital and commercial skills and insights across all major shipping segments.
As CEO of RightShip, he led their digital transformation and software development project to improve reliability, safety and reduce emissions across the supply chains of more than 60 major charterers in wet and dry.
As emissions lead and council member of The Baltic Exchange, he has built environmental metrics, calculators and heatmaps. These assist commercial decision makers in understanding the impact and cost of emissions in ocean freight.
Martin is an expert at simplifying complex regulation and is often consulted on emission reduction, safety improvement and benchmarking projects.
Contact: www.lookoutmaritime.com or www.linkedin.com/in/mc-b
workshop OUTLINE (2 - 5pm)
14:00
Workshop introduction by the European Maritime Safety Agency (EMSA)
14:10
EU Emissions Trading System (ETS) – the background to the inclusion of shipping and an explanation of THETIS-MRV provided by EMSA:
- ETS legislation framework and scope
- The THETIS-MRV system, annual figures and trends
- THETIS-MRV IT system overview and new features
- Future developments and additional tools
15:10
Coffee break
Presented by Martin Crawford-Brunt, CEO, Lookout Maritime
15:30
The changing nature of regulation
15:40
EU ETS – risks and opportunities
- Compliance vs voluntary carbon
- What did we expect and what have we learned
- The EUA market, managing commercial risk exposure
- Enforcement and reputational risks
- Who should buy the EUAs and how can carbon risk exposure be managed?
- UK ETS outline
- How is this being dealt with per segment or charter party?
- Containerised shipping
- Dry bulk shipping
- Tankers and gas
- Passenger ships and ferries
16:15
FuelEU Maritime
- First “well to wake” standard
- Monitoring plan
- Compliance options
- Estimated cost of compliance
- Solutions to reduce GHG intensity
- Challenges and opportunities
16:35
IMO regulation – update on the short-term measures
- MEPC update
- Market based measures for shipping,
- CII status and next steps, what’s working and what’s not
- CII review period and adjustment
16: 55
Putting it all together
- Navigating conflicting regulation
- Compliance vs evolving regulation
- Creating a business case for ongoing investment
Q&A
17:15
Workshop closes