Singapore to Piraeus EU ETS cost
50% of this voyage's emissions are in the EU Emissions Trading System: Piraeus (Greece) is an EU/EEA port, Singapore (Singapore) is not. Sea distance: 5,676 nm (estimate). The same applies in the other direction.
Example: EU ETS cost in 2026
A ship burning HFO (ISO 8217 RME–RMK) at 14 knots needs 16.9 days at sea for this voyage. Allowances at 84.46 €/t (2026-10-06); 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 | 338 | 1,069 | 534 | 534 | 45,130 |
| 40 | 676 | 2,137 | 1,069 | 1,069 | 90,260 |
| 60 | 1,014 | 3,206 | 1,603 | 1,603 | 135,391 |
| 80 | 1,351 | 4,275 | 2,137 | 2,137 | 180,521 |
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.