On the 18th, MarinaChain announced its plans to support the successful entry of the Korean shipping industry into the European Union Emissions Trading System (EU-ETS) through a business agreement with KB Securities.
Leveraging its AI-based ESG solutions, MarinaChain provides efficient management of ships’ carbon emissions and offers data collection, verification, and reporting functionalities to comply with EU-ETS regulations. Through this partnership, MarinaChain and KB Securities will collaborate to deliver a one-stop solution for shipping companies, including ▲carbon credit management ▲brokerage and operations ▲risk hedging advisory services.
The two companies plan to extend their cooperation beyond the EU carbon market into the domestic emissions trading market and the green energy sector. This collaboration aims to contribute to the long-term realization of carbon neutrality in the shipping industry while reducing costs.
MarinaChain stated, “We hope this agreement will enable shipping companies to effectively respond to EU carbon regulations and build a sustainable shipping ecosystem. We will do our utmost to enhance the global competitiveness of Korea’s shipping industry.”