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Environmental consciousness - a major challenge for Shipping & Ports

Environmental consciousness in the Shipping business

We are fully aware and thoroughly understand the issues relating to environmental hazards and have helped many clients in this area.

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ioannis bravos picture

Partner, Head of Shipping

KPMG in Greece

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Shipping and Ports have been operating in an increasingly challenging economic environment, characterized by demand and supply imbalances, volatile freight rates and vessel values, increasing regulation, environmental concerns, piracy and geopolitical risks, among others. All these factors have contributed to a demanding business environment that puts even seasoned shipping executives to the test.

Key challenges

  • Compliance with environmental protection regulations
  • Advice on the quality of the fleet in order to comply with environmental legislation
  • Advice on the capital spend for environmental purposes
  • Transaction support for environmental health and safety and reputation issues
  • Corporate Social Responsibility strategy design and deployment
  • Sustainability services (e.g. GHG/CO2 emissions monitoring & reporting), 
  • Technical assurance and certification (EU ETS verification of maritime emissions.) 
  • Advice on climate change and emissions trading

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