Delivery: Environmental regulations add costs
A The busy schedule of new regulations has been valid from the beginning of the shipping decade, which leads to an increase in costs, depending on the class and type of ship, as well as the area of activity. In its latest weekly reports shipbroker gibson said that “the shipping markets have had to face significant regulatory burdens over the last year. Starting with the imo 2020 regulations 5 years ago, a deluge of new environmental regulations. Has to face Differs Strongly Across Industries and Asset Classes, as well as jurisdiction, with the eu imposing the most stringent regulations A declined trend, an average of more than $ 50/ton in Rotterdam so far this year, decreased from nearly $ 100/ton in 2023 “.
According to Gibson, “Starting in 2023, IMO introduced carbon intensity indicators (CII) and energy efficiency that existed the ship design index (EEXI), which was intended to increase the intensity of carbon and the efficiency of vessels. The European Union.
Source: Gibson Shipbroker
Gibson added that “This year, Fueleu and the Mediterranean Emission Control Area (ECA) were introduced, both aimed at cleaning the type of fuel used in vessels. Sulfur fuel (for example LNG) with a retrofit scrubber which was charged more than $ 1 million on VLCC, and the cost of using MGO compared to VLSFO as fuel bunker which increased average than $ 150/ton which was more than $ 150 The GHG that will be ignored the scheme has the same application method as ETS EU, by 50% for the port of entry/exit to the EU port.
“Finally, this April, the Framework of Net Net IMO was founded in the 83rd session of the International Maritime Maritime Organization (IMO) marine Protection Committee, also known as MEPC83. This introduced the GHG fuel intensity standard (GFI) which involved two tier-im, which straightened the carbon trading system that demanded awards that required awards who demanded awards involving CO2, CO2. 2025, the ship will begin to incur non -compliance costs from 2028 and so on, with Eco VLCC burning VLSFO which brought cargo from AG to China which costs more than $ 150K in 2028, which will rise to nearly $ 1 million in 2035. But traded.
“In 2026, there will be a short postage when it comes to the introduction of the main environmental regulations, although the threshold for Eus will increase, and the target of carbon intensity CII will become more stringent. Although significant uncertainty remains in the industry that will be adopted in October, one thing that will occur in the industry that will occur in October.
Nikos Roussanoglou, Hellenic Shipping News worldwide
