The opportunity to reduce your FuelEU costs is right now. Waiting could be the most expensive strategy of all. FuelEU adds new costs and complexity, but also a chance to gain a competitive edge. With the right fuel choices and compliance strategy, ship owners can cut costs, avoid penalties, and generate surplus value. The window to act is open, and the best time to act is now.
The full storyA fee of 150 USD per tonne CO2e emitted from ships discharging international cargo at U.S. ports is suggested to be implemented from January 2024. The new carbon fee would be added to the EU ETS carbon cost.
Shipping’s inclusion in the European Union’s Emissions Trading System (EU ETS) brought carbon pricing to the maritime sector. For charterers who want to leverage the opportunities of the transition, it’s time to embrace the change and learn how to navigate the EU ETS. A good way to start is to understand how the new regulations impact your everyday work. So, we sum up some key aspects of the EU ETS - from a chartering perspective.
Decarbonisation goals are often vague, with no concrete action plan nor plans to document the amount of emissions reduced. North Sea Container Line and carbon analytics company Siglar Carbon have signed an agreement that can make a change and provide the shipping industry with a best practise.
