As a reminder, the European Commission agreed on a three-year phase-in period of the EU ETS for shipping.
The agreed three-year phase-in period is as follows:
• 40% as from 1 January 2024 (i.e. a 60% discount)
• 70% as from 1 January 2025 (i.e. a 30% discount)
• 100% as from 1 January 2026 (i.e. no discount)
This means that as from 1 January 2025, the discount on the carbon component of Lakeway Links Energy Surcharge will decrease from 60% to 30%.