EU ETS & FuelEU Maritime 2025
Dear valued customer,
today we would like to inform you about changes for 2025 in accordance with the „Fit for55 package“ of the European Commission. It is expected that the EU ETS Surcharge (introduced January 2024) will increase according to its progressing schedule. In 2025 70% instead of 40% of the reported emissions will have to be converted into allowances (2026: 100%).
FuelEU Maritime
FuelEU Maritime Regulation promotes the use of renewable, low-carbon fuels and clean energy technologies for ships, essential to support decarbonisation in the sector. FuelEU Maritime sets maximum limits for the yearly average greenhouse gas (GHG) intensity of the energy used by ships above 5000 gross tonnage calling European ports. Targets will ensure that the GHG intensity of fuel used in the sector will gradually decrease overtime, starting with a 2% decrease by 2025 and reaching up to an 80% reduction by 2050. As a result, some carriers already announced the implementation of a corresponding surcharge.
Final amounts and validities have not yet been published by the carriers and will most likely be available during the next weeks. Follow us for updates on www.sacoshipping.com.
Further information can be obtained here
EU Emissions trading
FuelEU
