Carbon-Accounted Container Assessments on 10 European Routes

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Credits:chris-leboutillier/Unsplash

Platts, part of S&P Global Commodity Insights, will launch daily carbon-accounted container freight assessments on five key routes in Europe, effective March 1, to provide further transparency into this developing market, says an article published on their website.

 

The new assessments will reflect the additional cost required to offset 100% of the CO2 emissions created through the combustion and exhaust of a ship’s marine fuel through the EU’s Emissions Trading System (ETS).

Platts first proposed launching these assessments in a subscriber note published Jan. 11: https://www.spglobal.com/commodityinsights/en/our-methodology/subscriber-notes/011123-platts-proposes-to-launch-carbon-accounted-container-freight-assessments-on-10-routes

The assessments will add to the suite of daily carbon accounted tanker freight assessments Platts has been publishing since H2 2022.

Platts has also been publishing freight carbon intensity values and freight carbon intensity premiums since October 2021, which measure the impact of greenhouse gas emissions to transport various crude grades from production storage terminals to typical refinery locations around the world.

The new carbon-accounted container freight assessments will be published in dollars/FEU.

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Source: Platts