Study: Shipping companies turn a profit • Table.Briefings

Since the inclusion of the maritime sector in the ETS at the beginning of the year, shipping companies have had to pay the European carbon price for the voyages of ocean-going and inland waterway vessels of 5,000 gross tons or more.

Since the beginning of the year, European shipping has been included in the European emissions trading. Initially, the industry expressed concerns that shipping companies could avoid EU ports and continue to generate emissions unchecked. It has now become apparent that shipping companies are benefiting from the price increases.

The four largest European shipping companies Maersk, MSC, CMA CGM and Hapag-Lloyd pass on a higher carbon price to their customers than the shipping companies have to pay themselves. This is the result of a report by the Brussels-based environmental umbrella organization Transport and Environment (T&E).

Study: Shipping companies turn a profit from new carbon costs

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