Element Shipmanagement SA: EU ETS cost estimate
Element Shipmanagement SA (IMO company number 5699550) filed EU MRV reports for 6 ships for 2025 (bulk carrier, container ship). Below are the reported EU ETS emissions and the allowances and cost they mean, estimated by VesselVector.
Administering authority: Greece, by the Commission's list of shipping companies (Implementing Decision (EU) 2024/411 as replaced by 2026/1453; lookup). Directive 2003/87/EC Art. 3gf
EU ETS by year, estimated
| Year | Ships | EU ETS t | Allowances | Cost |
|---|---|---|---|---|
| 2025 | 6 | 28,360 | 19,852 | €1,689,821 ≈ US$1,896,824 |
| 2024 | 4 | 24,814 | 9,926 | €844,871 ≈ US$948,368 |
Allowances = the reported EU ETS emissions × the share to surrender for the year (2025: 70 %, due 30 September 2026; 2024: 40 %, due 30 September 2025; Directive 2003/87/EC Art. 3gb, 12(3)), at €85.12 each. The company's verified total in the Union Registry decides what it has to surrender; ice-class reductions it claims are not deducted here. When a ship changes company, the previous company files a partial report for its time with the ship (Regulation (EU) 2015/757 Art. 11(2)); this page adds the reports this company filed. EU ETS t: t CO₂.
Ships in 2025
| Ship | Type | EU ETS t CO₂ | Allowances |
|---|---|---|---|
| ANTIBES EXPRESS IMO 9243186 | Container ship | 19,840 | 13,888 |
| JAGUAR IMO 9127007 | Container ship | 2,989 | 2,092 |
| LION IMO 9208356 | Container ship | 2,484 | 1,739 |
| LM DEMETER IMO 9580106 | Bulk carrier | 871 | 610 |
| LM HERMES IMO 9374117 | Container ship | 1,095 | 767 |
| PANTHER IMO 9138276 | Container ship | 1,081 | 757 |
Ships in 2024
| Ship | Type | EU ETS t CO₂ | Allowances |
|---|---|---|---|
| ANTIBES EXPRESS IMO 9243186 | Container ship | 15,547 | 6,219 |
| JAGUAR IMO 9127007 | Container ship | 4,808 | 1,923 |
| LION IMO 9208356 | Container ship | 3,365 | 1,346 |
| PANTHER IMO 9138276 | Container ship | 1,095 | 438 |
Ships of the types without their own page yet are listed without a link. Each ship page shows the report in full and how its EU ETS figure compares with its voyages. To estimate a voyage or a year yourself, use the EU ETS calculator.
Sources
Source: EMSA THETIS-MRV, EU MRV publication of information, reporting period 2025 (version 67, generated 17 October 2026); reporting period 2024 (version 252, generated 15 October 2026). EMSA publishes these data under Regulation (EU) 2015/757 Art. 21 “solely for the purpose of information”; VesselVector shows them for information only, with the estimates added. Page built on 20 October 2026.
The figures are the company's own monitoring report as verified by the verifier named, shown as reported (rounded to whole tonnes). To have a figure corrected, contact EMSA or the ship's verifier; VesselVector does not correct the data. EU ETS rules as checked on 19 October 2026 (Regulation (EU) 2015/757 and Directive 2003/87/EC as amended).
Allowance price: €85.12 per EUA, EEX EU ETS primary auction clearing price (CAP3 auction), 19 October 2026 (EEX). US$ figures: converted by VesselVector from the euro amounts at the ECB euro reference rate of 1.1225 US$ per € on 19 October 2026 (source: European Central Bank).