commodity shipping and carbon markets

How will carbon markets affect commodity shipping?

Carbon offsetting and net zero commitments are currently in a patchy and unregulated state. However, regulated carbon credit markets are growing and there is increasing legislation on a global scale around carbon reporting and reduction. When it comes to shipping, the lack of clarity is particularly acute. Voluntary carbon offsetting is unregulated and not always…

Long-term strategic partnership confer many advantages

Long-term strategic technology partnerships

Organisations considering a CTRM or commodity management implementation need their technology vendor to understand their business so that they can ensure this complex technology is set up in the best way for their own purposes. Complexity is a vital component of these systems – commodity management usually involves several software systems used by different team…

preparing for carbon taxes and offsets

Carbon border taxes – one year to prepare

Under current EU proposals for a carbon border tax, organisations exporting or importing carbon-intensive commodities and energy to the EU will only have until January 2023 to begin planning their processes for monitoring products’ carbon emissions. The EU’s proposed carbon border tax will be paid from January 2026, but includes a transition period from January…