EU ETS Loophole or How the EU ETS compliance cost can be reduced significantly A. Background Starting in 2024, the EU ETS requires commercial ships above 5,000 GT to adhere to specific emission surrender requirements for different types of voyages. 50% of emissions apply to ships departing from a…

This is very interesting. Thank you so much for sharing.

The vessel that will discharge the cargo on the FSO inside the port limits of a non EU country would not have to load it again in order to re-discharge it at the EU port. Another vessel would load it from the FSO and then discharge it to the EU port. In the case that the EU allowances have a value…

How do you think the new markets will eventually be? What I was considering was this. Who takes the extra cost of loading unloading the cargo in the FSO. Will it be 50% in the first owner to unload and 50% on the second owner to load? Let’s stay this is the case. The first vessel is in the clear for…

Very interesting scenario, thanks for sharing. @Iro taking into account the BIMCO clause that the party providing and paying for the fuel under the time charter is the party that is responsible for providing and paying for emissions trading allowances, I expect this may benefit the charterers.

I would like to ask something that I saw in DNV webpage: QUESTION: Is a port stay for bunkering considered a port call for EU-MRV? ANSWER: No, only ports where cargo is loaded or unloaded or where passengers embark or disembark are considered ports of call. Consequently, stops for the sole purpose…

Hi @lalis98 , A voyage is considered from the last berth or ship-to-ship transfer within a port of call to the first berth or ship-to-ship transfer in the following port of call. MRV Regulation defines ‘port of call’ as the port where a ship stops to load or unload cargo or to embark or disembark…

Another way to reduce CO2 emitted under the EU ETS scope would be by making use of an “assisting vessel” let’s say, that loads STS OPL near an EU port and brings the cargo from STS area to port. Subsequently this vessel would sail again to OPL area and await loading in order to repeat procedure. The…

Indeed @NikosPiperis this is correct!

EU ETS Loophole or How the EU ETS compliance cost can be reduced significantly

Decarbonization

Iro July 9, 2023, 4:17pm 4

I wonder what the final difference would be when accounting the time and costs of loading and unloading in the in-between stations.

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EU ETS Loophole or How the EU ETS compliance cost can be reduced significantly

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