News / EU ETS could be a new trading market for 'a bit of a gamble'

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Maritime stakeholders operating under the EU ETS could be tempted to stock up on EUAs when the auction price is low, and even trade them for profit – but it could be a risky strategy.  

The EU Emissions Trading System came into effect on 1 January, requiring vessel owners to buy EU allowances (EUAs) that correspond with the per-tonne carbon emissions of their ships that call at EU ports. They act as ‘carbon credits’.  

The market-based price of EUAs is highly ...