EU ETS surcharge communication riddled with uncertainty

“No fixed price of EUR 90/t CO2 has been announced. Instead, Maersk updates the Emissions surcharge quarterly to ensure alignment with the latest EUA price.”

While the individual profits for each voyage are not always high, for carriers with hundreds of vessels this represents millions in surcharge profits every year.

The disruption on US supply chains after Baltimore bridge collapse is expected to reverberate through key sectors such as wood, construction machinery, steel, aluminum, and automobile manufacturing.

The Cape route has caused bunker consumption to triple due to the extended distance, coupled with an increase in sailing speed, rising from 16 to 20 knots.

The new regulations have hampered non-eco vessels’ ability to speed up during robust markets, unlike eco vessels, thus widening the profit for modern vessels.