What is EU ETS for maritime?
Shipping Enters the EU ETS
Since January 2024, the European Union Emissions Trading System (EU ETS) covers maritime transport. Shipping companies calling at EU ports must now monitor, report, and pay for their CO₂ emissions using emissions allowances. The rules apply to:
100% of emissions from voyages within the EU
50% of emissions from voyages to or from the EU
All emissions while at berth in EU ports
Non-compliance risks heavy financial penalties and reputational damage.
How Hecla helps:
All-in-one EU ETS compliance
We streamline every step of the ETS compliance process into one seamless workflow:
Registry Establishment
Data Integration
Carbon Market Advisory
Principal Trading
Registry Management
Weekly Market Report
Stay ahead of the rapidly moving compliance landscape with our in-depth weekly briefing. Tailored for the shipping industry, our report covers every key driver of the EU ETS.
We track the European natural gas and power markets, analyse how shifts in energy prices feed into EUA demand, and highlight the implications for voyage economics and compliance strategies.
With a clear focus on the maritime sector, we connect market intelligence directly to your operational and commercial decisions, giving you the insight you need to navigate the EU ETS with confidence.
Get in touch to find out more.
Shipping Enters EU ETS
From the 1st January, all vessels over 5,000GT calling at European ports are liable for 40% of their emissions.
ETS Phased-up
From 1st January, all vessels over 5,000GT calling at European ports are liable for 70% of their emissions.
First Surrender Deadline
Compliance entities must surrender the exact number of EUAs through their MOHA accounts to meet the requirements of the verified emissions data for the 2024 reporting period.
ETS Fully Phased
From 1st January, all vessels over 5,000GT calling at European ports are liable for 100% of their emissions.
Second Surrender Deadline
Compliance entities must surrender the exact number of EUAs through their MOHA accounts to meet the requirements of the verified emissions data for the 2025 reporting period.
September each year will be the surrender deadline for the previous reporting period.
