EU ETS for shipping: scope, phase-in and allowance cost
EU ETS maritime for operators: which ships and voyages are in scope, the 2024–2026 phase-in, allowance surrender and the cost of an EUA, cited to the Directive.
The maritime EU ETS is Directive 2003/87/EC as amended by Directive (EU) 2023/959. From 1 January 2024 a shipping company surrenders one EU allowance for every tonne of verified CO₂ within scope, and from the 2026 reporting year methane and nitrous oxide count as well. Dir. 2003/87/EC · Art. 3ga
Scope is decided per voyage: a voyage between two EEA ports and time at berth in an EEA port count in full, a voyage with one end outside the EEA counts for half. The surrender obligation phased in over the 2024 and 2025 reporting years and has been complete since 2026. Dir. 2003/87/EC · Art. 3ga Dir. 2003/87/EC · Art. 3gb
Allowances for a reporting year are surrendered by 30 September of the year after, so the bill for one year's emissions lands in the next. The articles below cover scope and the phase-in, and what the allowances cost at an illustrative price. Dir. 2003/87/EC · Art. 12
EU ETS Maritime
Allowance surrender for shipping under Directive 2003/87/EC: scope, phase-in and the cost of an EUA. · Directive 2003/87/EC
Calculators
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