SIGLAR insights

The latest on carbon and cost efficient shipping

Sign up for newsletter
Charterers can kickstart a commercial decarbonisation in shipping

Commercial decarbonisation is when commercial players in the shipping ecosystem make carbon conscious shipping decisions in a profitable way. Decarbonising the shipping industry might seem like an overwhelming challenge that is far from a charterers main task. However, for early movers, the challenge can be turned into significant opportunities and competitive advantages.

Why charterers will soon have to pay for ship emissions

Shipping emissions will soon have a price tag and the cost will eventually be passed on to the charterers. Charterers who start factoring carbon into their commercial shipping decisions will find efficient ways to reduce shipping emissions whilst safeguarding profitability and gaining a competitive edge.

Quick guide: How EU's Fit for 55 package impact shipping

The European Union is playing an important role in shipping decarbonisation. Here’s a quick guide that fills you in on the most important plans and actions.

Emission Schemes

EU Emissions Trading System

The EU Emissions Trading System (EU ETS) is the European Union’s carbon pricing mechanism, and since 2024 it has included maritime transport. It places a cost on greenhouse gas emissions from ships by requiring companies to monitor emissions (under EU MRV) and surrender tradable emission allowances.

UK Emissions Trading System

The UK Emissions Trading Scheme (UK ETS) is the United Kingdom’s carbon pricing mechanism. It operates as a cap-and-trade system that places a cost on greenhouse gas emissions by requiring operators to surrender tradable emission allowances corresponding to their verified emissions.

Gabon Sovereign Carbon Initiative

The Governments of Djibouti and Gabon have introduced sovereign carbon registry frameworks that apply a carbon cost to qualifying ship movements to and from their ports.

Customer Q & A

LinkedIn posts

Webinars

Media mentions

Podcasts

"We want to help sustainable shipowners achieve higher fleet utilization and improved return on their green investments. "

Geir Olafsen, CDO Siglar
top-page button