Two large shipping companies have revealed details of anticipated surcharges that shippers will face next year as the industry aligns with the EU's emissions trading system. Beginning January 1, ship operators will be mandated to monitor and report their emissions, as well as surrender allowances for every ton of CO2 emitted during voyages within the European Economic Area and 50 per cent of voyages commencing or concluding in European ports.
Maersk stated: 'The cost of compliance is expected to be significant and will keep increasing with the phased implementation.' This cost will be passed on to customers in the form of a separate surcharge known as the 'Emissions Surcharge’, which will be applied to all bookings for voyages subject to the EU ETS.
Hapag-Lloyd informed its customers that the ETS would result in 'an added cost for shipping companies that will be applied as a separate surcharge for cost recovery purposes to all applicable shipments’.
Source: seanews.com.tr