LR updates EU ETS guidance

The European Commission has finalised revisions to Directive EU 2023/959 and Regulation EU 2023/957) and in response LR has issued Class News 14/2023 updating its earlier Class News 07/2023.

In total, eight implementing and delegated acts are expected to be published from October 2023, supporting the ETS Directive and MRV Regulation.

LR’s Class News 14/2023 outlines the key updated concepts in these acts and how they will impact shipowners.

LR points out that these acts are yet to be finalised, so their guidance may yet change. It will issue a further Class News in Autumn 2023 once the relevant acts have been finalised and in conjunction with the launch of the new LR Emissions Verifier platform.

The full Class News 14/2023 can be found here.