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Market View · · EU ETS

EU ETS maritime is fully phased in for 2026

For emissions reported for 2026, the phase-in reaches 100% of the applicable maritime emissions. Route scope still matters.

Operational brief

What changed

The maritime phase-in moved from 40% for 2024 emissions to 70% for 2025 and 100% for 2026. That percentage applies after determining which emissions fall inside the scheme.

The route still decides scope

Intra-EU voyages and emissions at berth in an EU port are generally covered at 100%; voyages between an EU and a non-EU port are generally covered at 50%, subject to the legislation and applicable exclusions.

Operational consequence

A fuel quote cannot be compared responsibly without the reporting year, route scope and a dated EUA input. The exposure is an estimate until verified emissions and the final voyage set are established.

ANHOR method: no public calculation without year, unit, scope, price date and source.

Source & methodology

European Commission — Reducing emissions from the shipping sector
Regulation (EU) 2023/1805 — FuelEU Maritime
European Commission — FuelEU Maritime
GOV.UK — Participating in the UK ETS

Published 12 September 2026. Sources accessed and checked 19 September 2026. This brief is informational and does not replace legal advice or accredited verification.

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