UK ETS: A crucial policy for the shipping sector in International Shipping News 25/02/2026 The expansion of the UK ETS into the shipping sector provides a significant opportunity to drive investment in UK green shipping technology. Key Stats • Today, the shipping industry pays no tax on the fuel it uses or its emissions. In comparison, road users paid £25 billion in the 2024/25 financial year in fuel duty • A fuel duty on shipping would cost the sector ~£1 billion annually. The UK ETS is estimated to raise a fraction of this (£250 million) from domestic shipping and port calls • The money raised is crucial for providing the Government with a revenue stream to invest in green shipping technology, providing growth and jobs in coastal communities • The UK ETS will have minimal impact on consumer costs, with it increasing the costs of large goods like TVs and refrigerators by just pence • The EU already has an ETS covering both domestic and international emissions, raising revenues and allowing investment in green shipping solutions, leaving the UK to cede first-mover advantage on green tech if we don’t act • The expansion of the UK ETS to the domestic shipping sector has been on the agenda since 2022, providing ample time for industry to prepare The UK Chamber of Shipping is calling for a delay in the extension of the UK Emissions Trading Scheme (UK ETS) to shipping emissions. This would be a big mistake. The UK ETS is a crucial tool for raising revenue, which could be used to invest in green shipping technology, delivering jobs and growth to the UK and, in particular, coastal communities. Source: European Federation for Transport and Environment AISBL 2026-02-25 hellenicshippingnews... window.___gcfg = {lang: 'en-US'}; (function(w, d, s) { function go(){ var js, fjs = d.getElementsByTagName(s)[0], load = function(url, id) { if (d.getElementById(id)) {return;} js = d.createElement(s); js.src = url; js.id = id; fjs.parentNode.insertBefore(js, fjs); }; load('//connect.facebook.net/en/all.js#xfbml=1', 'fbjssdk'); load('https://apis.google.com/js/plusone.js', 'gplus1js'); load('//platform.twitter.com/widgets.js', 'tweetjs'); } if (w.addEventListener) { w.addEventListener("load", go, false); } else if (w.attachEvent) { w.attachEvent("onload",go); } }(window, document, 'script')); tweet Share