Carbon Emission Fee for Evergreen Marine and YangMing Marine Out

2023-12-18

 Evergreen Marine, YangMing Marine, and a number of large container shipping companies have notified their customers of the EU carbon emission fee, with Evergreen charging Euro 27, YangMing charging Euro 24, and CMA CGM Group charging Euro 25 per container (20-foot) for the Asia-Europe route, which is the largest in terms of scale of operation.

  According to the levy announced by Evergreen, Evergreen charges Euro14 for the return trip to Europe, Euro23 for the trip to Mediterranean and USD9 for the return, while YangMing charges Euro11 for the return trip to Europe, Euro18 for the trip to Mediterranean and Euro8 for the return. The return trip charges are more than halved because the EU only charges 50% carbon tax on European exports.

  From January 1, 2024, shipping will be included in the ETS, which requires shipowners or commissioned companies to purchase emission allowances and pass these costs on to shippers and renters, which, as DNV Maritime Vice President Rasmus Stute pointed out earlier, could expose mid-sized shipping companies to millions of dollars in liability each year. In addition to ETS, regulations such as the Carbon Intensity Index (CII) need to be considered as having a significant impact on the economic and financial positions of small and medium-sized shipping companies.

From: Fasteners World  https://www.fastener-world.com/en/article/8599.html