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VMS estimates the EUA requirements by voyage. The calculated value is not applied to the voyage TCE. You can copy and paste it into expenses if required.
The EU regulations require that the EU% is determined by journeys between cargo-active ports, ignoring port calls for other purposes. This means the EU% is determined by journeys between the “L” and “D” legs. Any “I” or “C” legs inherit from the containing journey.
Within a journey, EU to EU is at 100%. EU to/from non-EU is 50%. This applies to both passages and ports.
At the end of a journey, EU is 100%, and non-EU is 50%. This applies to ports.
The phase (40%, 70% or 100%) is set at the voyage level, basis the voyage end date. (E.g. if the voyage ends in 2024, then the phase is 40%.)
Access the full calculation by clicking on the EU ETS quantity or cost in the Emissions section of the voyage main page.
Price and Exchange Rate
The calculator lets you enter a Euro price and exchange rate for the EUA requirements.
These values are set by default in a new estimate based on the Bunker Prices and Currency Exchange Rates in Company Settings.
If you don’t have Currency Exchange Rates in Company Settings, please get in touch with us and ask for Multi-currency capability, or you can just set the Exchange Rate for each voyage.
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