Carbon · 8 Oct 2026 · 2 min read

EU ETS for shipping: 2026 is the first year at 100 %

Allowances for every tonne in scope, methane and nitrous oxide added, and offshore ships next. What changed this year.

EU ETSDirective (EU) 2023/959

In brief

Instrument
Directive 2003/87/EC, as amended by Directive (EU) 2023/959
Ships in scope
Cargo and passenger ships of 5,000 GT and above; offshore ships of 5,000 GT and above from 2027
Share of emissions
100 % between EU or EEA ports and at berth; 50 % on voyages into or out of the EU or EEA
Phase-in
40 % of 2024 emissions, 70 % of 2025, 100 % from 2026
Gases
CO₂; methane and nitrous oxide from 2026
Who surrenders
The shipping company: the shipowner, or the manager or bareboat charterer that took over the ISM duties
Deadline
30 Sep of the following year
Missed surrender
€100 a tonne, indexed, and the allowances are still owed

What changed in 2026

The phase-in is over. Emissions from 2026 count in full, and allowances for them are due by 30 Sep 2027. Methane and nitrous oxide now count alongside CO₂, which matters most for gas-fuelled engines, where unburnt methane leaves with the exhaust.

Who carries the obligation

The obligation sits with the shipping company, even when a time charterer buys the fuel. Who carries the cost in the end is a matter for the contract between them.

Offshore ships next

Offshore ships of 5,000 GT and above have been monitored under the EU MRV regulation since 2025 and surrender allowances from 2027. Offshore and general cargo ships between 400 and 5,000 GT have been monitored since 2025 too; whether they enter the ETS is still to be decided.

What to check

  • Each ship’s 2026 emissions at 100 %, priced at today’s allowance cost.
  • For gas-fuelled ships, how methane slip is measured and reported.
  • Who surrenders, and who pays, under each charter party.

Our reading at 8 Oct 2026, for planning. Not legal advice; the authority’s current text decides.

Sources

  • Directive 2003/87/EC
  • Directive (EU) 2023/959
  • Regulation (EU) 2015/757 (EU MRV)