Ferry fares rise as carbon emissions trading takes financial toll

Greek shipping companies are facing significant financial strain following the implementation of the European Emissions Trading System, with costs already being passed on to passengers through higher ticket prices.

According to Greek business outlet Newmoney, these surcharges are being felt most acutely on high-demand routes such as the Piraeus to Crete line and Adriatic Sea connections.

Developments in the sector have sparked deep concern among ferry operators and island communities...