Siglar Carbon Index

VLGC Houston/Flushing

Our indexes indicate the carbon exposure of the most commonly traded routes and also the carbon cost exposure related to the routes that will be eligible under the European Emissions Trading System.

Want to understand the carbon and cost exposure of your full shipping program?

Estimated carbon emissions

Expected emissions

Tonnes of CO2:

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Tonnes of CO2:

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Tonnes of CO2:

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Index history

Representative ship, upper emissions range

Middle emissions range

Lower emissions range

Estimated carbon cost exposure

EU ETS 2024 - 40 % phased-in


Lumpsum

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Cost pr. tonne
cargo carried

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EU ETS 2026 - fully phased-in


Lumpsum

USD
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Cost pr. tonne
cargo carried

USD
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USD
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Contact us for daily index updates

Carbon cost exposure


Our freely available indexes indicate the carbon exposure of the most commonly traded routes and also the carbon cost exposure related to the routes that will be eligible under the European Emissions Trading System from 2024.

Two fists bumping hands

Emissions calculations

We model emissions on an individual ship and voyage basis using a data first approach. Actual reported consumption data from ship voyages is collected at a granular level and used to train and optimize our emissions estimation model.

The indexes are calculated combining Siglar Carbon’s ship availability algorithms with Siglar Carbon emissions estimation models.

The emissions range timeline is based on a daily updated list of available ships, where the upper range line is represented by one of the ships with the highest total emissions number (95th percentile of the result distribution), the middle line represents a ship with average emissions (50th percentile) and the bottom line represents a ship with low emissions (5th percentile).

The index change numbers indicate daily changes in emissions.

More info on methods
Oil tanker on green ocean

Carbon price calculations

The carbon price is based on yesterday’s settlement price of the European Emission Allowances in the EEX spot market, and the EUR/USD exchange rate from the European Central Bank.

All emissions from intra-EU voyages, half of the emissions from global EU voyages and all emissions occurring at berth in an EU port will be eligible under the ETS .

Shipping companies have to surrender allowances for40 % of eligible emissions for 2024, 70 % for 2025 and 100 % for 2026.

More info on EU ETS

Want to know the emissions reduction potential of your freight deal?

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