CMA CGM wishes to inform its customers about significant upcoming changes to the EU Emissions Trading System (EU ETS) regulation that will impact our operations and, consequently, our Energy Transition Surcharge.
What is EU ETS?
The EU ETS requires ocean carriers to monitor and report their CO2 emissions from voyages to and from EU ports. Since 2024, a portion of these emissions are subject to the cap and trade system, meaning carriers need to buy or receive allowances to cover their emissions. This regulation aims to incentivize the reduction of greenhouse gas emissions in the maritime sector, encouraging investment in more efficient and environmentally friendly technologies and practices.
What's Changing?
Starting in 2026, the EU ETS regulation will evolve to account for 100% of our CO2 emissions, compared to the current 70% in 2025, and will include other greenhouse gases emissions. This substantial increase in the EU ETS coverage will have a direct impact on our cost structure. (....)