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 storyWe're proud to present the Siglar Carbon Ship Finder, a digital tool allowing ship charterers to compare carbon emissions from ships at the click of a button. Access to emissions data prior to fixing empowers spot charterers to reduce emissions at scale and cut costs at the same time.
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With increased expectations on reporting and reducing emissions through the value chain, reporting shipping emissions is becoming the norm. Collecting emissions data can also unlock great commercial opportunities. In this article we have summariszed some of the benefits from collecting emissions data from chartering.
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Shipping’s inclusion in the European Union’s Emissions Trading System (EU ETS) will bring carbon pricing to the maritime sector for the first time and the cost will eventually be added to the charterer's freight rate. One way to prepare, is by understanding what the EU ETS means to the charterer.
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