Indications of charges to be levied by Maersk, Hapag-Lloyd, and CMA CGM to cover the costs of the EU Emissions Trading System (EU ETS) have been released this week, with estimates ranging from €7 to €105 per teu, reports sea trade maritime.
From January the EU ETS will apply to all shipping coming to or leaving the EU or operating within EU waters.
Cap and trade system
The cap-and-trade system will impose an annually decreasing level of allowed emissions for companies, who will monitor their own emissions which will then be independently audited, and buy EU allowances (EUA) to pay for the carbon equivalent emissions.
In 2024 the EU ETS will cover 40% of emissions measured rising to 70% in 2025 and 100% in a year later, and in 2026 NOx and methane will also be included in the calculation for the EU ETS.
Of the three carriers that have recently indicated what the EU ETS level will be Hapag-Lloyd has given comprehensive figures, with a spokesman telling Seatrade Maritime News: “The EU ETS surcharge calculation for our customers is based on average weighted shipment emissions per sub-relation, achieved by distributing standardised costs.”
Charges indicated by Hapang
Charges indicated by Hapag range from €12 per teu for dry containers and €31 per teu for reefers on the Asia to north Europe trades, €7 and €16 for east Asia to southern Europe, €9 and €16 on the Atlantic, and Europe to Africa will attract charges of €17 and €29 per teu for dry and reefers respectively.
Hapag added customers that use Ship Green will receive a discount of 25%, 50% or 100% depending on which service was booked.
Maersk also has a green shipment option that will reduce its EU ETS surcharges, called ECO Delivery.
Far East to North Europe charges by Maersk are calculated at €70 and €105 per feu, with the return €46 and €69. North America to the Mediterranean is gauged at €66 and €91 and the return journey is €91 and €137.
CMA CGM said it used the EUA price of €90 per tonne of carbon and calculated Asia to North Europe charges will be €25 and €40 per teu, while Europe to North America is calculated at €43 and €65 per teu, respectively.
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Source : Sea trade
