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A single vessel risks having to pay more than EUR 1,000 a day for EU's carbon quotas

EU's quotas could cost a single vessel more than EUR 1,000 a day from 2026, and this constitutes a "conservative estimate", notes Maersk Broker Advisory Services, although the cost varies from ship to ship. Consumers will end up having to bear some of the cost, according to Danish Shipping.

Maersk Broker Advisory Services' example is based on a supramax dry bulk vessels from 2006. | Photo: PR / Norden

It could cost a shipping company more than EUR 1,000 a day and around EUR 400,000 a year to operate a vessel in European waters from 2026 when the EU's carbon quota system are expected to be fully implemented in the shipping industry.

This assessment comes from Maersk Broker Advisory Services, and it even constitutes a "conservative estimate", as there are many uncertainties related to the quota system's impact on shipping, managing director Jesper Bo Hansen tells ShippingWatch.

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