Maersk has reviewed Emissions surcharge (EMS/ESS) for Q1 2026, and the tariffs will be effective 01 January 2026. The Emissions surcharge tariffs have been calculated using the average price of European Union Allowance (EUA) from EUA Daily Future (ice.com). The details on the period used for the calculation can be found in the table below:
Reference period - Details referred for deriving Average EUA Price for Q1 2026 Emissions surcharge calculations
| From Date | From Month | To Date | To Month | Effective Date | Type of EUA | Average EUA Price (In EUR) |
|---|---|---|---|---|
|
From Date | From Month
16| August’25
|
To Date | To Month
15| November’25
|
Effective Date
01-January26
|
Type of EUA
Daily Futures
(Symbol code: ECP)
|
Average EUA Price (In EUR)
76,75
|
Increase in Emissions Surcharge in 2026
The Emissions Surcharge will increase substantially compared to 2025, impacting all shipments to and from EU/EEA countries.
The increase is driven by higher compliance costs under two key regulations: the EU Emissions Trading System (EU ETS) and the FuelEU Maritime Regulation (Fuel EU). From 2026, the EU ETS will require shipping lines to account for 100% of emissions, up from 70% in 2025, as part of its phased rollout. The scope will also expand to include methane and nitrous oxide, and allowance prices under the EU ETS are expected to rise. Meanwhile, FuelEU compliance costs are increasing due to biofuel price trends—rising biofuel costs combined with declining fossil fuel prices make low-emission compliance more expensive. Together, these factors contribute to the higher Emissions Surcharge.
Future Outlook
The cost of complying with regulatory requirements is expected to keep rising with increasing allowance prices year on year and other potential regulations from various jurisdictions in the coming years. By choosing Maersk ECO Delivery Ocean product, customers can mitigate these costs while benefiting from emissions savings. It utilises lower greenhouse gas (GHG) emissions fuels* to significantly reduce greenhouse gas emissions by up to 80% compared to fossil reference fuels, thereby lowering your value chain GHG footprint. Click here to know more.
Note:
- Emission surcharge (EMS/ESS) has been implemented to cover the costs associated with complying with the EU ETS and Fuel EU Maritime regulations.
- ESS is applied to bookings on SPOT and contracts with a validity of up to 31 days. EMS is applied to bookings with a validity greater than 31 days.
- For all bookings from China (Hongkong/Taiwan not included), we will add the emissions surcharge to the base freight rate for regulatory reasons. Base freight rate will be adjusted quarterly (increase/decrease) to reflect quarterly updated Emissions surcharge
- Emissions surcharge will be applied to all bookings with Load Port and/or Discharge Port country part of EU/EEA.
Should you have any further questions, please contact your local Sales representative. Our teams are always available to support should you need assistance.
EMS / ESS tariff values applicable from 01 January to 31 March 2026 (Q1 2026)
| Trade | 20DRY | 40DRY | 40HDRY / 45HDRY | 20REEF | 40REEF |
|---|---|---|---|---|---|
|
Trade
West Coast South America/ Central America/Caribbean to Europe
|
20DRY
108 USD
|
40DRY
215 USD
|
40HDRY / 45HDRY
215 USD / 215 USD
|
20REEF
162 USD
|
40REEF
323 USD
|
|
Trade
West Coast South America/ Central America/Caribbean to Europe
|
20DRY
93 EUR
|
40DRY
184 EUR
|
40HDRY / 45HDRY
184 EUR / 184 EUR
|
20REEF
139 EUR
|
40REEF
277 EUR
|
|
Trade
Europe to West Coast South America/ Central America/Caribbean
|
20DRY
126 USD
|
40DRY
252 USD
|
40HDRY / 45HDRY
252 USD / 252 USD
|
20REEF
190 USD
|
40REEF
379 USD
|
|
Trade
Europe to West Coast South America/ Central America/Caribbean
|
20DRY
108 EUR
|
40DRY
216 EUR
|
40HDRY / 45HDRY
216 EUR / 216 EUR
|
20REEF
163 EUR
|
40REEF
325 EUR
|
|
Trade
North Europe to Far East Asia
|
20DRY
57 USD
|
40DRY
113 USD
|
40HDRY / 45HDRY
113 USD / 113 USD
|
20REEF
85 USD
|
40REEF
170 USD
|
|
Trade
North Europe to Far East Asia
|
20DRY
49 EUR
|
40DRY
97 EUR
|
40HDRY / 45HDRY
97 EUR / 97 EUR
|
20REEF
73 EUR
|
40REEF
146 EUR
|
|
Trade
Far East Asia to North Europe
|
20DRY
84 USD
|
40DRY
168 USD
|
40HDRY / 45HDRY
168 USD / 168 USD
|
20REEF
127 USD
|
40REEF
253 USD
|
|
Trade
Far East Asia to North Europe
|
20DRY
72 EUR
|
40DRY
144 EUR
|
40HDRY / 45HDRY
144 EUR / 144 EUR
|
20REEF
109 EUR
|
40REEF
217 EUR
|
|
Trade
Mediterranean to Far East Asia
|
20DRY
38 USD
|
40DRY
76 USD
|
40HDRY / 45HDRY
76 USD / 76 USD
|
20REEF
57 USD
|
40REEF
113 USD
|
|
Trade
Mediterranean to Far East Asia
|
20DRY
33 EUR
|
40DRY
65 EUR
|
40HDRY / 45HDRY
65 EUR / 65 EUR
|
20REEF
49 EUR
|
40REEF
97 EUR
|
|
Trade
Far East Asia to Mediterranean
|
20DRY
65 USD
|
40DRY
130 USD
|
40HDRY / 45HDRY
130 USD / 130 USD
|
20REEF
98 USD
|
40REEF
195 USD
|
|
Trade
Far East Asia to Mediterranean
|
20DRY
56 EUR
|
40DRY
112 EUR
|
40HDRY / 45HDRY
112 EUR / 112 EUR
|
20REEF
84 EUR
|
40REEF
167 EUR
|
|
Trade
North Europe to Middle East/Indian Subcontinent
|
20DRY
113 USD
|
40DRY
225 USD
|
40HDRY / 45HDRY
225 USD / 225 USD
|
20REEF
169 USD
|
40REEF
337 USD
|
|
Trade
North Europe to Middle East/Indian Subcontinent
|
20DRY
97 EUR
|
40DRY
193 EUR
|
40HDRY / 45HDRY
193 EUR / 193 EUR
|
20REEF
145 EUR
|
40REEF
289 EUR
|
|
Trade
Middle East/Indian Subcontinent. to North Europe
|
20DRY
87 USD
|
40DRY
173 USD
|
40HDRY / 45HDRY
173 USD / 173 USD
|
20REEF
130 USD
|
40REEF
260 USD
|
|
Trade
Middle East/Indian Subcontinent. to North Europe
|
20DRY
75 EUR
|
40DRY
148 EUR
|
40HDRY / 45HDRY
148 EUR / 148 EUR
|
20REEF
112 EUR
|
40REEF
223 EUR
|
|
Trade
Mediterranean to Middle East/Indian Subcontinent
|
20DRY
114 USD
|
40DRY
227 USD
|
40HDRY / 45HDRY
227 USD / 227 USD
|
20REEF
170 USD
|
40REEF
340 USD
|
|
Trade
Mediterranean to Middle East/Indian Subcontinent
|
20DRY
98 EUR
|
40DRY
195 EUR
|
40HDRY / 45HDRY
195 EUR / 195 EUR
|
20REEF
146 EUR
|
40REEF
292 EUR
|
|
Trade
Middle East/Indian Subcontinent to Mediterranean
|
20DRY
75 USD
|
40DRY
149 USD
|
40HDRY / 45HDRY
149 USD / 149 USD
|
20REEF
112 USD
|
40REEF
223 USD
|
|
Trade
Middle East/Indian Subcontinent to Mediterranean
|
20DRY
64 EUR
|
40DRY
128 EUR
|
40HDRY / 45HDRY
128 EUR / 128 EUR
|
20REEF
96 EUR
|
40REEF
191 EUR
|
| Trade | 20DRY | 40DRY | 40HDRY / 45HDRY | 20REEF | 40REEF |
|---|---|---|---|---|---|
|
Trade
Intra Mediterranean
|
20DRY
28 USD
|
40DRY
56 USD
|
40HDRY / 45HDRY
56 USD / 56 USD
|
20REEF
43 USD
|
40REEF
85 USD
|
|
Trade
Intra Mediterranean
|
20DRY
24 EUR
|
40DRY
48 EUR
|
40HDRY / 45HDRY
48 EUR / 48 EUR
|
20REEF
37 EUR
|
40REEF
73 EUR
|
|
Trade
Mediterranean to North Europe
|
20DRY
46 USD
|
40DRY
92 USD
|
40HDRY / 45HDRY
92 USD / 92 USD
|
20REEF
69 USD
|
40REEF
138 USD
|
|
Trade
Mediterranean to North Europe
|
20DRY
39 EUR
|
40DRY
79 EUR
|
40HDRY / 45HDRY
79 EUR / 79 EUR
|
20REEF
59 EUR
|
40REEF
118 EUR
|
|
Trade
North Europe to Mediterranean
|
20DRY
49 USD
|
40DRY
97 USD
|
40HDRY / 45HDRY
97 USD / 97 USD
|
20REEF
72 USD
|
40REEF
144 USD
|
|
Trade
North Europe to Mediterranean
|
20DRY
42 EUR
|
40DRY
83 EUR
|
40HDRY / 45HDRY
83 EUR / 83 EUR
|
20REEF
62 EUR
|
40REEF
124 EUR
|
|
Trade
Intra North Europe
|
20DRY
16 USD
|
40DRY
31 USD
|
40HDRY / 45HDRY
31 USD / 31 USD
|
20REEF
24 USD
|
40REEF
47 USD
|
|
Trade
Intra North Europe
|
20DRY
14 EUR
|
40DRY
27 EUR
|
40HDRY / 45HDRY
27 EUR / 27 EUR
|
20REEF
21 EUR
|
40REEF
40 EUR
|
|
Trade
North America to Mediterranean
|
20DRY
70 USD
|
40DRY
139 USD
|
40HDRY / 45HDRY
139 USD / 139 USD
|
20REEF
104 USD
|
40REEF
208 USD
|
|
Trade
North America to Mediterranean
|
20DRY
60 EUR
|
40DRY
119 EUR
|
40HDRY / 45HDRY
119 EUR / 119 EUR
|
20REEF
89 EUR
|
40REEF
178 EUR
|
|
Trade
Mediterranean to North America
|
20DRY
118 USD
|
40DRY
236 USD
|
40HDRY / 45HDRY
236 USD / 236 USD
|
20REEF
177 USD
|
40REEF
354 USD
|
|
Trade
Mediterranean to North America
|
20DRY
101 EUR
|
40DRY
202 EUR
|
40HDRY / 45HDRY
202 EUR / 202 EUR
|
20REEF
152 EUR
|
40REEF
304 EUR
|
|
Trade
Oceania to Europe, Middle East & Africa
|
20DRY
32 USD
|
40DRY
63 USD
|
40HDRY / 45HDRY
63 USD / 63 USD
|
20REEF
48 USD
|
40REEF
95 USD
|
|
Trade
Oceania to Europe, Middle East & Africa
|
20DRY
27 EUR
|
40DRY
54 EUR
|
40HDRY / 45HDRY
54 EUR / 54 EUR
|
20REEF
41 EUR
|
40REEF
82 EUR
|
|
Trade
Europe, Middle east & Africa to Oceania
|
20DRY
56 USD
|
40DRY
111 USD
|
40HDRY / 45HDRY
111 USD / 111 USD
|
20REEF
84 USD
|
40REEF
167 USD
|
|
Trade
Europe, Middle east & Africa to Oceania
|
20DRY
48 EUR
|
40DRY
95 EUR
|
40HDRY / 45HDRY
95 EUR / 95 EUR
|
20REEF
72 EUR
|
40REEF
143 EUR
|
|
Trade
South Africa to Europe
|
20DRY
112 USD
|
40DRY
224 USD
|
40HDRY / 45HDRY
224 USD / 224 USD
|
20REEF
168 USD
|
40REEF
336 USD
|
|
Trade
South Africa to Europe
|
20DRY
96 EUR
|
40DRY
192 EUR
|
40HDRY / 45HDRY
192 EUR / 192 EUR
|
20REEF
144 EUR
|
40REEF
288 EUR
|
|
Trade
Europe to South Africa
|
20DRY
86 USD
|
40DRY
172 USD
|
40HDRY / 45HDRY
172 USD / 172 USD
|
20REEF
129 USD
|
40REEF
258 USD
|
|
Trade
Europe to South Africa
|
20DRY
74 EUR
|
40DRY
148 EUR
|
40HDRY / 45HDRY
148 EUR / 148 EUR
|
20REEF
111 EUR
|
40REEF
221 EUR
|
| Trade | 20DRY | 40DRY | 40HDRY / 45HDRY | 20REEF | 40REEF |
|---|---|---|---|---|---|
|
Trade
Canada to North Europe
|
20DRY
46 USD
|
40DRY
91 USD
|
40HDRY / 45HDRY
91 USD / 91 USD
|
20REEF
68 USD
|
40REEF
136 USD
|
|
Trade
Canada to North Europe
|
20DRY
39 EUR
|
40DRY
78 EUR
|
40HDRY / 45HDRY
78 EUR / 78 EUR
|
20REEF
58 EUR
|
40REEF
117 EUR
|
|
Trade
North Europe to Canada
|
20DRY
71 USD
|
40DRY
142 USD
|
40HDRY / 45HDRY
142 USD / 142 USD
|
20REEF
107 USD
|
40REEF
214 USD
|
|
Trade
North Europe to Canada
|
20DRY
61 EUR
|
40DRY
122 EUR
|
40HDRY / 45HDRY
122 EUR / 122 EUR
|
20REEF
92 EUR
|
40REEF
184 EUR
|
|
Trade
USA to North Europe
|
20DRY
52 USD
|
40DRY
104 USD
|
40HDRY / 45HDRY
104 USD /104 USD
|
20REEF
79 USD
|
40REEF
157 USD
|
|
Trade
USA to North Europe
|
20DRY
45 EUR
|
40DRY
89 EUR
|
40HDRY / 45HDRY
89 EUR / 89 EUR
|
20REEF
68 EUR
|
40REEF
135 EUR
|
|
Trade
North Europe to USA
|
20DRY
70 USD
|
40DRY
139 USD
|
40HDRY / 45HDRY
139 USD / 139 USD
|
20REEF
104 USD
|
40REEF
208 USD
|
|
Trade
North Europe to USA
|
20DRY
60 EUR
|
40DRY
119 EUR
|
40HDRY / 45HDRY
119 EUR /119 EUR
|
20REEF
89 EUR
|
40REEF
178 EUR
|
|
Trade
West Africa to Europe
|
20DRY
158 USD
|
40DRY
315 USD
|
40HDRY / 45HDRY
315 USD / 315 USD
|
20REEF
237 USD
|
40REEF
473 USD
|
|
Trade
West Africa to Europe
|
20DRY
136 EUR
|
40DRY
270 EUR
|
40HDRY / 45HDRY
270 EUR / 270 EUR
|
20REEF
203 EUR
|
40REEF
406 EUR
|
|
Trade
Europe to West Africa
|
20DRY
260 USD
|
40DRY
520 USD
|
40HDRY / 45HDRY
520 USD / 520 USD
|
20REEF
390 USD
|
40REEF
780 USD
|
|
Trade
Europe to West Africa
|
20DRY
223 EUR
|
40DRY
446 EUR
|
40HDRY / 45HDRY
446 EUR / 446 EUR
|
20REEF
335 EUR
|
40REEF
669 EUR
|
|
Trade
Europe to East Coast South America
|
20DRY
80 USD
|
40DRY
160 USD
|
40HDRY / 45HDRY
160 USD / 160 USD
|
20REEF
120 USD
|
40REEF
239 USD
|
|
Trade
Europe to East Coast South America
|
20DRY
69 EUR
|
40DRY
137 EUR
|
40HDRY / 45HDRY
137 EUR / 137 EUR
|
20REEF
103 EUR
|
40REEF
205 EUR
|
|
Trade
East Coast South America to Europe
|
20DRY
64 USD
|
40DRY
128 USD
|
40HDRY / 45HDRY
128 USD / 128 USD
|
20REEF
96 USD
|
40REEF
192 USD
|
|
Trade
East Coast South America to Europe
|
20DRY
55 EUR
|
40DRY
110 EUR
|
40HDRY / 45HDRY
110 EUR / 110 EUR
|
20REEF
82 EUR
|
40REEF
165 EUR
|
|
Trade
East Africa to Europe
|
20DRY
91 USD
|
40DRY
181 USD
|
40HDRY / 45HDRY
181 USD / 181 USD
|
20REEF
136 USD
|
40REEF
272 USD
|
|
Trade
East Africa to Europe
|
20DRY
78 EUR
|
40DRY
155 EUR
|
40HDRY / 45HDRY
155 EUR / 155 EUR
|
20REEF
117 EUR
|
40REEF
233 EUR
|
|
Trade
Europe to East Africa
|
20DRY
130 USD
|
40DRY
260 USD
|
40HDRY / 45HDRY
260 USD / 260 USD
|
20REEF
195 USD
|
40REEF
390 USD
|
|
Trade
Europe to East Africa
|
20DRY
112 EUR
|
40DRY
223 EUR
|
40HDRY / 45HDRY
223 EUR / 223 EUR
|
20REEF
167 EUR
|
40REEF
335 EUR
|
|
Trade
Europe to Indian Ocean Islands
|
20DRY
163 USD
|
40DRY
325 USD
|
40HDRY / 45HDRY
325 USD / 325 USD
|
20REEF
244 USD
|
40REEF
488 USD
|
|
Trade
Europe to Indian Ocean Islands
|
20DRY
140 EUR
|
40DRY
279 EUR
|
40HDRY / 45HDRY
279 EUR / 279 EUR
|
20REEF
209 EUR
|
40REEF
419 EUR
|
|
Trade
Indian Ocean Islands to Europe
|
20DRY
101 USD
|
40DRY
201 USD
|
40HDRY / 45HDRY
201 USD / 201 USD
|
20REEF
151 USD
|
40REEF
302 USD
|
|
Trade
Indian Ocean Islands to Europe
|
20DRY
87 EUR
|
40DRY
172 EUR
|
40HDRY / 45HDRY
172 EUR / 172 EUR
|
20REEF
130 EUR
|
40REEF
259 EUR
|
1 EUR = 1.1657 USD, 1USD = 0.8579 EUR