The first NNPC Masterclass took place on July 16, 2024, at the Rietschans in Haren. Presented in collaboration with Reed Smith, the session featured insights from their shipping and energy teams on the application of the EU Emissions Trading Scheme (EU ETS) to the shipping sector, as well as its implications for NNPC members under their charterparty agreements. Special emphasis was placed on mandate clauses in management agreements and ETS clauses for time-charter parties.
The event was well attended, sparking active discussions on the EU ETS, fuel efficiency, and the broader impact of EU and global emissions policies. We extend our gratitude to all members and attendees for their participation, with special thanks to Jeb Clulow and Julie Vaughan from Reed Smith for their excellent presentations.
We encourage our members to reach out with any questions regarding the EU ETS and look forward to welcoming you to our second Masterclass, which will focus on sanctions. The date will be confirmed soon.