EU's carbon quotas may increase cost of modern supertanker trips significantly

A roundtrip from the Gulf of Mexico to Rotterdam may increase from USD 1.6m to more than USD 2m for a supertanker when the EU’s carbon quota system is implemented, according to calculations. Shipowners stress the importance of who will be responsible for the quotas.
Photo: PR / DHT Holdings
Photo: PR / DHT Holdings

It may become considerably more expensive for a VLCC supertanker to sail the roundtrip between the Gulf of Mexico and Rotterdam in the near future.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
Must contain at least 6 characters
Must contain at least 2 characters
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Share article

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

Further reading