European Union (EU) Emissions Trading System (ETS) surcharges will inevitably evolve as the price of EU Allowances fluctuates, according to Alphaliner’s report.
Shipping (all types) is forecast to represent around 5% of the European Allowance market, while prices will be subject to wider trends in the global energy market, as demand adapts to fuel usage.
So far, there has been no formal shipper opposition to the surcharges, although it remains to be seen if carriers can enforce increases in a...