11 December 2023
Freight News

New EU Emissions Trading System Surcharge (ETSS)

From January 1st 2024, the EU European Trading System (ETS) will apply to shipping activities within the European Economic Area, necessitating ship operators to monitor and report emissions when shipping in the European Economic Area.

As a result, some coloaders will be incorporating a surcharge ETSS for all cargo moving via USA, to cover the expense of compliance, underscoring our collective effort for a sustainable and environmentally friendly world.

The surcharge aims to ensure compliance with the EU regulations and support the industry’s transition to a greener future and will be effective January 1sr, 2024.

 

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