As a first step towards reducing the marine transport industry’s greenhouse gas emissions, on 28 June 2013 the European Commission (the “Commission”) tabled a draft Regulation to introduce a system of monitoring and publication of individual vessels’ annual CO2 emissions. This alert explains why the Commission has taken this step, exactly what it is proposing, who will be affected and what steps operators may wish to take in response.

For further details, please see the recent Reed Smith Client Alert by Nicholas Rock, Richard Gunn and Frances Callanan.