Circular 04/24 Guidance: Exclusion of EU EUTS from Tanker Assessments
Family: BDTI / BCTI / BLPG Following circular MA/All/202309/20/N (26 September 2023) Panellists are advised that when assessing Tanker voyage routes, that call Europe, they should exclude the cost of EUAs (carbon) from their submissions. When referencing fixtures where EUAs are known to have been included, Panellists should normalise the fixture, excluding the cost of EUAs. Panellists have been shown how to use the EU ETS Calculator, available on the Baltic Emissions website , and the EUA Price Report on the main Baltic site when assessing the $ lumpsum or Worldscale points to deduct from freight. Any comments or feedback, please direct your message to balticbroker@balticexchange.com. |