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The following content is a news release distributed by Business Wire. The original news release may be found here.

Worldscale Adopts ICE’s Benchmark EUA Carbon Pricing for its Tanker Freight Rates

Distributed by Business Wire26 Nov 2024

LONDON & NEW YORK & AMSTERDAM--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced that Worldscale Association Ltd (Worldscale), a leading provider of tanker freight rate references, has chosen ICE’s European Carbon Allowance (EUA) futures settlement price as the benchmark carbon price for calculating tanker freight rates in 2025. ICE’s EUA futures and options market is the most liquid carbon market in the world. Worldsc...

Read the full news release here

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