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Focus on logistics newsletter-International shipping company ONE reached the first EUA transaction

International shipping company ONE reached the first EUA transaction



Singapore-based container shipping line Ocean Network Express (ONE) has announced its first EU Subsidies (EUA) deal with Paris, France-based global banking and financial services firm BNP Paribas.


From 1 January 2024, shipping has been included under the EU's Emissions Trading System (ETS), where shipping lines are empowered to monitor, report and verify their greenhouse gas (GHG) emissions annually, and the data will be used to determine the EUA they need to submit during the compliance period. Failure to comply with these rules will result in penalties and denial of entry to EU/EEA member countries.


In preparation for immediate compliance with the EU's emissions trading system, ONE said it had strengthened its internal systems to accurately reflect carbon dioxide emissions data. Under the procedures, it also opened a trading account on the Union Registry to hold and transfer EUA.ONE stressed that in this way it was able to secure its first acquisition of the EUA from BNP Paribas on February 8.


According to ONE's announcement, the acquired EUA will then be transferred to their respective shipowners according to the agreement and the provisions of the EU emissions trading system, which will finally enable shipowners to fulfill their concession obligations to the EU before September 30,2025.


"The EU carbon emissions trading system is the cornerstone of the EU's policy to deal with climate change and a key tool to reduce greenhouse gas emissions. The EUA agreement with ONE is very important for Asian airlines, which shows that it has made active preparations for complying with the EU emissions trading system," BNP Paribas Singapore said.





国际海运公司ONE达成首笔EUA交易


       总部位于新加坡的集装箱航运公司Ocean Network Express(ONE)宣布与总部位于法国巴黎的全球银行和金融服务公司法国巴黎银行(BNP Paribas)达成首笔欧盟津贴(EUA)交易。


       从2024年1月1日开始,根据欧盟排放交易体系(ETS)的规定,海运业已被纳入其中,航运公司被授权每年监测、报告和核实其温室气体(GHG)排放量,这些数据将用于确定他们需要在合规期内提交的EUA。不遵守这些规定将导致处罚和拒绝进入欧盟/欧洲经济区成员国。


       为了立即遵守欧盟排放交易体系,ONE表示已加强其内部系统,以准确反映二氧化碳排放数据。根据程序,该公司还在Union Registry上启动了一个交易账户,以持有和转让EUA。ONE强调,通过这种方式,它能够确保2月8日从法国巴黎银行(BNP Paribas)手中首次收购EUA。


       根据ONE的公告,收购的EUA随后将根据协议以及欧盟排放交易体系的规定转让给各自的船东,这将最终使船东能够在2025年9月30日之前履行对欧盟的退让义务。


       “欧盟碳排放交易体系是欧盟应对气候变化政策的基石,也是减少温室气体排放的关键工具。法国巴黎银行新加坡公司称:“与ONE达成的EUA协议对亚洲航空公司来说非常重要,这表明它已为遵守欧盟排放交易体系做好了积极的准备。”