The container shipping company MSC has developed a New estimate of the value of surcharges that from next January the ocean carrier will apply in coincidence with the entry in force in the maritime transport segment of the European Union Emissions Trading (EU ETS). The System sets a ceiling on emissions from certain sectors and requires these companies to buy European carbon allowances on the European carbon market at the end of the year emissions equal to emissions above this ceiling by them Produced. The system shall be applied to all emissions of ships calling at an EU port as part of voyages achieved throughout the EU, to all emissions generated by ships when stationed in a Union port and 50% of the emissions from ships on voyages beginning or ending in a non-EU port.

Compared to preliminary estimates of the value of these nicknames announced almost a year ago by MSC ( of 3 November 2022), the new estimates show much lower values high and, compared to the end of 2022, lower on average by -66% in relation to the surcharges applied to shipments of containers for dry cargoes and about -91% to those applied to shipments of refrigerated containers. One of the factors that have determined the reduction of the value is the gradualness of the entry into force of the new European rules, progressivity that at the end of 2022 it was not known if it would be introduced. At November last year, in fact, MSC had based its estimates of a price per tonne of CO2 of EUR 90, and whereas EU rules immediately obliged to take account of 100% of emissions from ships. The latest estimates, instead, always based on a market value of the shares of carbon of around 90 euros per tonne of CO2, take into account the step-by-step approach to introducing standards according to which From 2024, 40% of emissions will be taken into account produced, from 2025 70% and only from 2026 100% of emissions.

By way of example, if in November 2022 the company of navigation had announced, for shipments from the Far East to the west coast of Northern Europe and the Mediterranean, the Possible introduction of a surcharge of 69 euros for containers of 20' (teu) for dry cargoes and 208 euros for reefer containers from 40' (Feu), the new estimates of the values of surcharges for shipments on the Far East-Northern Europe route, applied both in the of spot contracts and in long-term ones, are 22 euro/dry teu and 33 euro/reefer teu and for shipments on the route Far East-Mediterranean of 18 euro/dry teu and 27 euro/reefer TEU. A year ago the estimated surchage values for shipments from Mediterranean/West Coast of Northern Europe to Far East were equal to 37 euro/dry teu and 110 euro/reefer feu, while the new estimates for shipments from the Mediterranean to the Far East are 14 euro/dry teu and 21 euro/reefer teu and for shipments from the North Europe in the Far East of 13 euro/dry teu and 20 euro/reefer teu.

MSC has specified that the value of the ETS surcharges will be revalued monthly on the basis of the public index of reference of EU allowance prices.