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 14 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

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