Know the market
With real-time market insights you can effortlessly compare emissions performance of available ships before and during negotiations.
FIXING FREIGHT contracts
Tailored insights on emissions and costs help you assess options before fixing deals, ensuring essential emissions costs are covered in charter agreements.
With real-time market insights you can effortlessly compare emissions performance of available ships before and during negotiations.
See how different operational decisions like speed, port options, and canal passings impact emissions and EUA cost. With these insights at your fingertips before and during negotiations, you can:
Ensure the contracts include EUA costs. With Siglar emissions clauses, EUA process and responsibilities are clearly outlined, there are no surprises post fixture.
Let us calculate the carbon footprint and cost of the voyages to ensure you meet your clients’ need for transparent documentation.
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Our customers have their own Siglar advisor, who together with the operations team will help you:
We got the API's to bring Siglar Carbon insight into your existing
tools and systems.
insights
The EU ETS requires shipping companies to annually report emissions and surrender allowances. The polluter pays principle mandates that charterers, in time charter and spot voyage contracts take responsibility for emissions. This highlights the importance of contract terms and conditions between charterers and owners.
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The FuelEU maritime regulation is one of the European union's measures to decarbonise the shipping industry. It sets greenhouse gas intensity limits to ships trading in the EU from 2025, gradually decreasing the intensity over time, by 2% in 2025 to 80% in 2050. Here is a quick guide to the FuelEU maritime, from a commercial shipping perspective.
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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.
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