EU Emissions Trading System and ETS Surcharge
The aim of the ETS is to significantly reduce the EU's greenhouse gas emissions. Emissions certificates have been required in shipping since January 2024.
Nowadays, climate change and concerns about its possible effects are omnipresent. At the same time, increasing efforts are being made to curb the influence of humans and minimise any possible consequences. As a result, individual industries are also being analysed more closely and their contribution to climate change assessed. In the case of the shipping industry, there is a great need for action to reduce the ecological footprint. Since January 2024, a price has been assigned to shipping emissions and permitted emissions have been gradually reduced.
To which ships and regions does the EU ETS apply?
The Emissions Trading System applies to shipping activities within the European Economic Area (EEA). This consists of the EU Member States plus Iceland, Liechtenstein and Norway. The pricing is based on the ships, not the cargo. Since 2024, cargo and passenger vessels over 5,000 GT have been included, and from 2027 offshore vessels over 5,000 GT will be added.
The calculation includes 100% of emissions for journeys between EU/EEA ports. It also includes 100% of emissions at berth in EU/EEA ports. For journeys between an EU/EEA port and a non-EU/EEA port, 50% of the emissions are taken into account.
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