From January 1, 2028, the UK will include 50% of emissions from international voyages to and from the UK by ships over 5,000 GT in size in its emissions trading scheme.
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The contract is valued at up to $1.6 billion, with deliveries of the ships expected in 2027-2028.
Xeneta warns carriers and insurers remain cautious despite reports that the Houthis have halted attacks on commercial ships.