EU ETS will serve as a carbon tax for the maritime industry. At current price level, it will increase fuel cost by at least €200 - €300 per mT fuel.

Learn about FuelEU, calculate your GHG intensity or penalties, and determine a pooling strategy

Learn all about the United Kingdom Monitoring, Reporting and Verification regulatory framework used to determine carbon tax for shipping industry.

Learn all about the United Kingdom Monitoring, Reporting and Verification regulatory framework used to determine carbon tax for shipping industry.

EU MRV is the CO2 reporting system in Europe, used for carbon tax determination. It is applicable to vessels of 5000 GT and above. It is expected to apply to 400 GT and above. Learn more about EU MRV here.

AFIR targets the supply side of marine infrastructure and fuels in the EU, mandating the use of low-carbon fuels and shore power by 2030.

RED targets supply side - production - of fuels in the EU, aiming for a 40% energy share from renewable sources by 2030.

The ETD is the principal taxing scheme used for fossil and low-carbon fuels in EU. Fossil fuels will be taxed more, and renewable low-carbon fuels will receive incentives, including shore power.