Know your market position
Easily compare emissions performance of competing ships before or during negotiations.
Negotiating freight contracts
It's more important than ever to control your shipping emissions. Neglecting them could not only harm the climate but also your company's reputation and bottom line.
But we make it easy!
By incorporating the relevant emissions data into all our
tools, you can make confident commercial decisions.
Easily compare emissions performance of competing ships before or during negotiations.
Calculate the carbon footprint and the assosiated cost of your voyage in a way that ensures you cover changing regulations and meet your counterpart's need for neutral and comparable data.
For hassle-free transfer of EUAs, make sure that the charter party covers your carbon exposure. With Siglar emissions clauses responsibilities are placed and EUA process is defined and agreed.
No surprises post fixture.
Know the emissions impact of different operations like speed, port options, and canal passages. With these insights at your fingertips during your negotiations you can control the carbon exposure of your options.
Our clients have their own Siglar advisor, who together with the operations team will:
Don't worry, we've got API's to integrate the carbon
insights tools you need.
insights
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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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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