If you’re a mid size charterer or owner you can expect an added carbon cost of approximately 10 million USD to your freight costs, once shipping enters the EU ETS. Do you know the carbon cost exposure of your chartering activities? We've outlined three steps that will allow you to predict the 2024 EU ETS cost of your chartering activities.
The full storyThe very short COP27 shipping summary: The drive to decarbonise the shipping sector is growing, parties in the value chain are collaborating and initiatives that show most progress are linked to developing green shipping corridors, zero-emission fuels and vessels, as well as infrastructure to support the transformation of the industry.
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The carbon intensity indicator (CII) enters into force 1st of January 2023. The new indicator is likely to impact charter party terms and freight rates, but with no CII ratings published until 2024, the charterer is left blindfolded. The Siglar Carbon Voyage CII helps the charterer decode the CII mystery.
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Our webinar on how reducing shipping emissions equals increasing your competitive edge showed that commercial decision-makers in the shipping industry are now picking up speed on decarbonisation. Do you want to stay ahead of the game? Watch our webinar.
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.