Shanghai to Piraeus EU ETS cost
- Emissions covered
- 50%
- Sea distance
- 7,897 nm
- Example cost, 2026
- €128,701
- HFO, 14 kn, 40 t/day
- EUA price
- €86.56
- 2026-10-08
50% of this voyage's emissions are in the EU Emissions Trading System: Piraeus (Greece) is an EU/EEA port, Shanghai (China) is not. Sea distance: 7,897 nm (estimate). The same applies in the other direction.
Container Main trade lane: Asia-Mediterranean
Example: EU ETS cost in 2026
A ship burning HFO (ISO 8217 RME–RMK) at 14 knots needs 23.5 days at sea for this voyage. Allowances at 86.56 €/t (2026-10-08); consumption figures are examples, not data for a particular ship. Time in port is not included.
| Consumption (t/day) | Fuel (t) | t CO₂e | In scope (50%) | EUA | Cost (€) |
|---|---|---|---|---|---|
| 20 | 470 | 1,487 | 743 | 743 | 64,351 |
| 40 | 940 | 2,974 | 1,487 | 1,487 | 128,701 |
| 60 | 1,410 | 4,461 | 2,230 | 2,230 | 193,052 |
| 80 | 1,880 | 5,947 | 2,974 | 2,974 | 257,403 |
Via the Suez Canal or via the Cape of Good Hope
Without the canal the voyage is 14,282 nm via the Cape of Good Hope: 6,385 nm and 19.0 days more at 14 knots, so more fuel and more allowances. Same ships and price as above; the canal transit fee is not included.
| Consumption (t/day) | EUA via Suez | EUA via Cape of Good Hope | Extra cost (€) |
|---|---|---|---|
| 20 | 743 | 1,345 | +52,030 |
| 40 | 1,487 | 2,689 | +104,060 |
| 60 | 2,230 | 4,034 | +156,089 |
| 80 | 2,974 | 5,378 | +208,119 |
How the EU ETS applies to this route
- Voyages between an EU/EEA port of call and a port outside the EU/EEA: 50% of emissions (Directive 2003/87/EC Art. 3ga).
- Emissions while at berth in Piraeus: 100%, whatever the voyage.
- Allowances to surrender: 40% of 2024 emissions, 70% of 2025 emissions, 100% from 2026 (Art. 3gb).
- From 2026, methane and nitrous oxide count as well as CO₂, converted to CO₂ equivalent.
- Applies to cargo and passenger ships of 5,000 GT and above.