EVALUATIng FREIGHT STRATEGIes
Adjust your freight strategies to minimise both costs and environmental impact.
Understand how your chosen freight strategy impacts:
Emissions regulations are complex. We’ve incorporated relevant emissions data into all our tools, so that you’re always updated on developing emissions regulations.
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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A common misconception among charterers and shipowners is that they don't need to worry about the EU Emissions Trading System (ETS) until September 2025. However, if you're signing charter parties in 2024, this mindset could be akin to signing a blank cheque.
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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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