News / Shipowners must figure it out as carriers update their ETS surcharges

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The imminent implementation of the EU ETS has seen carriers release their final surcharge rates for Q1 24: overly optimistic Hapag-Lloyd has almost doubled its initial estimate, while Maersk has significantly reduced its early figure. 

The EU ETS takes effect on 1 January and will require owners to pay for EU allowances (EUAs) that correspond with their carbon emissions for their ships calling at EU ports.  

The price of the EUAs remains highly volatile, as they change due to the ...