Regulation, priced

EU Compliance Cost Predictor

Every vessel with reported EU-MRV emissions (or a modelled CII band) costed against 2026 ETS + FuelEU. Ranked by exposure, band-tagged, with a slow-steam savings lever an operator can act on now.

$1.43B total EU exposure·36 D+E hulls · immediate risk

500

hulls costed

Hulls costed

500

As of 2026-08-27

Total exposure

$1.43B

ETS $1.43B · FuelEU $2.2M

Slow-steam savings

$171.5M

Potential @ ~12% fuel cut

D + E band hulls

Immediate compliance risk

Band distribution

How the costed fleet distributes across the A-E carbon-intensity bands.

Exposure by band

Where the total $ cost concentrates. Bands D and E carry most of it because FuelEU penalties bite hardest there.

Top 10 exposed hulls

Annual EU compliance cost, biggest ticket first.

Cost histogram

How costs spread across the fleet.

Band A

Best-in-class efficiency — compliance premium in the charter market.

57 hulls

Vessel	Type	CO2 t	ETS $	FuelEU $	Total $/yr	Slow-steam	Action
MSC CELESTINO MARESCA IMO 9930040	Container Ship	95,297	$4.6M	$0	$4.6M	−$555k	Compliance premium — attractive charter market
EMMA MAERSK IMO 9321483	Container Ship	95,176	$4.6M	$0	$4.6M	−$554k	Compliance premium — attractive charter market
MSC ALLEGRA IMO 9897028	Container Ship	91,084	$4.4M	$0	$4.4M	−$530k	Compliance premium — attractive charter market
IONA IMO 9826548	Passenger Ship	86,610	$4.2M	$0	$4.2M	−$504k	Compliance premium — attractive charter market
OOCL HONG KONG IMO 9776171	Container Ship	85,240	$4.1M	$0	$4.1M	−$496k	Compliance premium — attractive charter market
MOBY LEGACY IMO 9837511	Ro-Ro or Passenger Ship	81,664	$4.0M	$0	$4.0M	−$475k	Compliance premium — attractive charter market
MONACO MAERSK IMO 9778832	Container Ship	81,014	$3.9M	$0	$3.9M	−$472k	Compliance premium — attractive charter market
EVER GRADE IMO 9820855	Container Ship	78,765	$3.8M	$0	$3.8M	−$458k	Compliance premium — attractive charter market
COSTA TOSCANA IMO 9781891	Passenger Ship	77,219	$3.7M	$0	$3.7M	−$449k	Compliance premium — attractive charter market
MOBY FANTASY IMO 9837509	Ro-Ro or Passenger Ship	76,479	$3.7M	$0	$3.7M	−$445k	Compliance premium — attractive charter market
CAP SAN SOUNIO IMO 9633953	Container Ship	75,880	$3.7M	$0	$3.7M	−$442k	Compliance premium — attractive charter market
MAERSK HERRERA IMO 9784324	Container Ship	75,532	$3.7M	$0	$3.7M	−$440k	Compliance premium — attractive charter market
AURA SEAWAYS IMO 9851036	Ro-Ro or Passenger Ship	74,247	$3.6M	$0	$3.6M	−$432k	Compliance premium — attractive charter market
MAERSK HOUSTON IMO 9848950	Container Ship	73,932	$3.6M	$0	$3.6M	−$430k	Compliance premium — attractive charter market
EVER GOVERN IMO 9832717	Container Ship	65,489	$3.2M	$0	$3.2M	−$381k	Compliance premium — attractive charter market
AIDANOVA IMO 9781865	Passenger Ship	65,041	$3.2M	$0	$3.2M	−$379k	Compliance premium — attractive charter market
ARVIA IMO 9849693	Passenger Ship	64,562	$3.1M	$0	$3.1M	−$376k	Compliance premium — attractive charter market
CMA CGM PALAIS ROYAL IMO 9839181	Container Ship	63,561	$3.1M	$0	$3.1M	−$370k	Compliance premium — attractive charter market
LINAH IMO 9708801	Container Ship	61,606	$3.0M	$0	$3.0M	−$359k	Compliance premium — attractive charter market
MAERSK HAMBURG IMO 9784312	Container Ship	60,622	$2.9M	$0	$2.9M	−$353k	Compliance premium — attractive charter market
COSTA SMERALDA IMO 9781889	Passenger Ship	59,619	$2.9M	$0	$2.9M	−$347k	Compliance premium — attractive charter market
THESEUS IMO 9728954	Container Ship	59,045	$2.9M	$0	$2.9M	−$344k	Compliance premium — attractive charter market
MSC MICHELLE IMO 9897016	Container Ship	58,093	$2.8M	$0	$2.8M	−$338k	Compliance premium — attractive charter market
AIDACOSMA IMO 9781877	Passenger Ship	57,985	$2.8M	$0	$2.8M	−$337k	Compliance premium — attractive charter market
WOODSIDE CHANEY IMO 9753026	LNG Tanker	57,318	$2.8M	$0	$2.8M	−$334k	Compliance premium — attractive charter market

Band B

Compliant with headroom.

55 hulls

Vessel	Type	CO2 t	ETS $	FuelEU $	Total $/yr	Slow-steam	Action
FINNMAID IMO 9319466	Ro-Ro or Passenger Ship	98,717	$4.8M	$0	$4.8M	−$575k	Compliance premium — attractive charter market
FINNSTAR IMO 9319442	Ro-Ro or Passenger Ship	94,262	$4.6M	$0	$4.6M	−$549k	Compliance premium — attractive charter market
FINNLADY IMO 9336268	Ro-Ro or Passenger Ship	93,353	$4.5M	$0	$4.5M	−$543k	Compliance premium — attractive charter market
SKY PRINCESS IMO 9802396	Passenger Ship	84,275	$4.1M	$0	$4.1M	−$490k	Compliance premium — attractive charter market
CRUISE EUROPA IMO 9351490	Ro-Ro or Passenger Ship	77,390	$3.8M	$0	$3.8M	−$450k	Compliance premium — attractive charter market
CRUISE SARDEGNA IMO 9351505	Ro-Ro or Passenger Ship	71,639	$3.5M	$0	$3.5M	−$417k	Compliance premium — attractive charter market
SUN PRINCESS IMO 9863118	Passenger Ship	68,123	$3.3M	$0	$3.3M	−$396k	Compliance premium — attractive charter market
BRITANNIA IMO 9614036	Passenger Ship	65,610	$3.2M	$0	$3.2M	−$382k	Compliance premium — attractive charter market
STENA BRITANNICA IMO 9419175	Ro-Ro or Passenger Ship	64,533	$3.1M	$0	$3.1M	−$376k	Compliance premium — attractive charter market
PANDA 006 IMO 9677026	Container Ship	62,185	$3.0M	$0	$3.0M	−$362k	Compliance premium — attractive charter market
MSC SUSANNA IMO 9290543	Container Ship	60,215	$2.9M	$0	$2.9M	−$350k	Compliance premium — attractive charter market
BALTIC PRINCESS IMO 9354284	Ro-Ro or Passenger Ship	60,093	$2.9M	$0	$2.9M	−$350k	Compliance premium — attractive charter market
MAERSK ATLANTA IMO 9348649	Container Ship	58,090	$2.8M	$0	$2.8M	−$338k	Compliance premium — attractive charter market
MAERSK LEON IMO 9526966	Container Ship	57,828	$2.8M	$0	$2.8M	−$337k	Compliance premium — attractive charter market
TINKER BELL IMO 9217242	Ro-Ro or Passenger Ship	56,103	$2.7M	$0	$2.7M	−$327k	Compliance premium — attractive charter market
MSC ANTIGUA IMO 9619476	Container Ship	54,332	$2.6M	$0	$2.6M	−$316k	Compliance premium — attractive charter market
AIDAPRIMA IMO 9636955	Passenger Ship	53,739	$2.6M	$0	$2.6M	−$313k	Compliance premium — attractive charter market
MSC DESIREE IMO 9745665	Container Ship	52,944	$2.6M	$0	$2.6M	−$308k	Compliance premium — attractive charter market
MSC CASSANDRE IMO 9785471	Container Ship	51,612	$2.5M	$0	$2.5M	−$300k	Compliance premium — attractive charter market
MSC TOMOKO IMO 9309461	Container Ship	51,202	$2.5M	$0	$2.5M	−$298k	Compliance premium — attractive charter market
COSTA FAVOLOSA IMO 9479852	Passenger Ship	51,113	$2.5M	$0	$2.5M	−$297k	Compliance premium — attractive charter market
COSTA DIADEMA IMO 9636888	Passenger Ship	51,086	$2.5M	$0	$2.5M	−$297k	Compliance premium — attractive charter market
MSC YASHI B IMO 9778090	Container Ship	50,902	$2.5M	$0	$2.5M	−$296k	Compliance premium — attractive charter market
BADJI MOKHTAR III IMO 9827889	Ro-Ro or Passenger Ship	50,004	$2.4M	$0	$2.4M	−$291k	Compliance premium — attractive charter market
NORRONA IMO 9227390	Ro-Ro or Passenger Ship	49,419	$2.4M	$0	$2.4M	−$288k	Compliance premium — attractive charter market

Band C

Compliant but marginal — watch 2027 tightening.

69 hulls

Vessel	Type	CO2 t	ETS $	FuelEU $	Total $/yr	Slow-steam	Action
CRUISE ROMA IMO 9351476	Ro-Ro or Passenger Ship	119,158	$5.8M	$3k	$5.8M	−$694k	Compliant but marginal — watch 2027 tightening
CRUISE BARCELONA IMO 9351488	Ro-Ro or Passenger Ship	100,073	$4.9M	$3k	$4.9M	−$582k	Compliant but marginal — watch 2027 tightening
VENTURA IMO 9333175	Passenger Ship	99,075	$4.8M	$3k	$4.8M	−$577k	Compliant but marginal — watch 2027 tightening
GNV POLARIS IMO 9948592	Ro-Ro or Passenger Ship	90,914	$4.4M	$12k	$4.4M	−$529k	Compliant but marginal — watch 2027 tightening
TANIT IMO 9598579	Ro-Ro or Passenger Ship	85,197	$4.1M	$3k	$4.1M	−$496k	Compliant but marginal — watch 2027 tightening
PANDA 001 IMO 9290787	Container Ship	77,566	$3.8M	$14k	$3.8M	−$451k	Compliant but marginal — watch 2027 tightening
JADRANA IMO 9619385	Container Ship	71,517	$3.5M	$12k	$3.5M	−$416k	Compliant but marginal — watch 2027 tightening
EXCELSIOR IMO 9184419	Ro-Ro or Passenger Ship	71,334	$3.5M	$3k	$3.5M	−$415k	Compliant but marginal — watch 2027 tightening
PANDA 008 IMO 9248162	General Cargo	69,658	$3.4M	$10k	$3.4M	−$405k	Compliant but marginal — watch 2027 tightening
COSTA FASCINOSA IMO 9479864	Passenger Ship	67,142	$3.3M	$3k	$3.3M	−$391k	Compliant but marginal — watch 2027 tightening
GNV ORION IMO 9948607	Ro-Ro or Passenger Ship	66,861	$3.2M	$12k	$3.3M	−$389k	Compliant but marginal — watch 2027 tightening
RIOJA KNUTSEN IMO 9721736	LNG Tanker	64,586	$3.1M	$19k	$3.2M	−$376k	Compliant but marginal — watch 2027 tightening
EUROPA PALACE IMO 9198939	Ro-Ro or Passenger Ship	63,557	$3.1M	$3k	$3.1M	−$370k	Compliant but marginal — watch 2027 tightening
QUEEN ANNE IMO 9839399	Passenger Ship	63,466	$3.1M	$3k	$3.1M	−$369k	Compliant but marginal — watch 2027 tightening
COSTA PACIFICA IMO 9378498	Passenger Ship	63,323	$3.1M	$3k	$3.1M	−$369k	Compliant but marginal — watch 2027 tightening
EXCELLENT IMO 9143441	Ro-Ro or Passenger Ship	61,947	$3.0M	$3k	$3.0M	−$361k	Compliant but marginal — watch 2027 tightening
ARCADIA IMO 9226906	Passenger Ship	58,681	$2.8M	$3k	$2.8M	−$342k	Compliant but marginal — watch 2027 tightening
MOBY AKI IMO 9299393	Ro-Ro or Passenger Ship	58,315	$2.8M	$3k	$2.8M	−$339k	Compliant but marginal — watch 2027 tightening
QUEEN MARY 2 IMO 9241061	Passenger Ship	57,762	$2.8M	$4k	$2.8M	−$336k	Compliant but marginal — watch 2027 tightening
STENA ADVENTURER IMO 9235529	Ro-Ro or Passenger Ship	57,481	$2.8M	$3k	$2.8M	−$335k	Compliant but marginal — watch 2027 tightening
ZIM AMERICA IMO 9244934	Container Ship	57,086	$2.8M	$16k	$2.8M	−$332k	Compliant but marginal — watch 2027 tightening
ZEUS PALACE IMO 9208071	Ro-Ro or Passenger Ship	57,088	$2.8M	$3k	$2.8M	−$332k	Compliant but marginal — watch 2027 tightening
FANTASTIC IMO 9100267	Ro-Ro or Passenger Ship	56,423	$2.7M	$3k	$2.7M	−$328k	Compliant but marginal — watch 2027 tightening
COSTA DELIZIOSA IMO 9398917	Passenger Ship	55,739	$2.7M	$3k	$2.7M	−$324k	Compliant but marginal — watch 2027 tightening
EMERALD PRINCESS IMO 9333151	Passenger Ship	55,546	$2.7M	$3k	$2.7M	−$323k	Compliant but marginal — watch 2027 tightening

Band D

Non-compliant next year — slow-steam or retrofit.

28 hulls

Vessel	Type	CO2 t	ETS $	FuelEU $	Total $/yr	Slow-steam	Action
LA SUPREMA IMO 9214288	Ro-Ro or Passenger Ship	109,805	$5.3M	$21k	$5.3M	−$639k	Non-compliant next year — slow-steam or retrofit
AZURA IMO 9424883	Passenger Ship	77,644	$3.8M	$21k	$3.8M	−$452k	Non-compliant next year — slow-steam or retrofit
COSTA FORTUNA IMO 9239783	Passenger Ship	77,044	$3.7M	$21k	$3.8M	−$448k	Non-compliant next year — slow-steam or retrofit
QUEEN VICTORIA IMO 9320556	Passenger Ship	72,535	$3.5M	$21k	$3.5M	−$422k	Non-compliant next year — slow-steam or retrofit
GNV SIRIO IMO 9293404	Ro-Ro or Passenger Ship	69,497	$3.4M	$21k	$3.4M	−$404k	Non-compliant next year — slow-steam or retrofit
CIUDAD DE BARCELONA IMO 9506289	Ro-Ro or Passenger Ship	58,003	$2.8M	$21k	$2.8M	−$338k	Non-compliant next year — slow-steam or retrofit
GNV SPIRIT IMO 9198927	Ro-Ro or Passenger Ship	57,665	$2.8M	$21k	$2.8M	−$336k	Non-compliant next year — slow-steam or retrofit
AIDAMAR IMO 9490052	Passenger Ship	57,248	$2.8M	$21k	$2.8M	−$333k	Non-compliant next year — slow-steam or retrofit
FSU LNG CAP LOPEZ IMO 9241267	Floating Storage or Production	54,983	$2.7M	$113k	$2.8M	−$320k	Non-compliant next year — slow-steam or retrofit
LISMORE IMO 9848467	Ro-Ro Cargo	53,930	$2.6M	$21k	$2.6M	−$314k	Non-compliant next year — slow-steam or retrofit
CARTOUR DELTA IMO 9539042	Ro-Ro or Passenger Ship	52,887	$2.6M	$21k	$2.6M	−$308k	Non-compliant next year — slow-steam or retrofit
ATHARA IMO 9263655	Ro-Ro or Passenger Ship	51,901	$2.5M	$21k	$2.5M	−$302k	Non-compliant next year — slow-steam or retrofit
MOBY ALE DUE IMO 9222522	Ro-Ro or Passenger Ship	49,820	$2.4M	$21k	$2.4M	−$290k	Non-compliant next year — slow-steam or retrofit
CIUDAD DE GRANADA IMO 9217125	Ro-Ro or Passenger Ship	49,290	$2.4M	$21k	$2.4M	−$287k	Non-compliant next year — slow-steam or retrofit
OLYMPOS SEAWAYS IMO 9242390	Ro-Ro Cargo	49,110	$2.4M	$21k	$2.4M	−$286k	Non-compliant next year — slow-steam or retrofit
MEGA EXPRESS TWO IMO 9203186	Ro-Ro or Passenger Ship	44,485	$2.2M	$21k	$2.2M	−$259k	Non-compliant next year — slow-steam or retrofit
MOBY WONDER IMO 9214367	Ro-Ro or Passenger Ship	44,467	$2.2M	$21k	$2.2M	−$259k	Non-compliant next year — slow-steam or retrofit
MEGA EXPRESS IMO 9203174	Ro-Ro or Passenger Ship	44,197	$2.1M	$21k	$2.2M	−$257k	Non-compliant next year — slow-steam or retrofit
LNG ONDO IMO 9311579	LNG Tanker	41,054	$2.0M	$119k	$2.1M	−$239k	Non-compliant next year — slow-steam or retrofit
AIDABLU IMO 9398888	Passenger Ship	43,015	$2.1M	$21k	$2.1M	−$250k	Non-compliant next year — slow-steam or retrofit
GNV SEALAND IMO 9435454	Ro-Ro or Passenger Ship	42,845	$2.1M	$21k	$2.1M	−$249k	Non-compliant next year — slow-steam or retrofit
JANAS IMO 9222534	Ro-Ro or Passenger Ship	42,343	$2.1M	$21k	$2.1M	−$246k	Non-compliant next year — slow-steam or retrofit
CARTHAGE IMO 9185396	Ro-Ro or Passenger Ship	41,461	$2.0M	$21k	$2.0M	−$241k	Non-compliant next year — slow-steam or retrofit
EUROCARGO ALEXANDRIA IMO 9465540	Ro-Ro Cargo	41,439	$2.0M	$21k	$2.0M	−$241k	Non-compliant next year — slow-steam or retrofit
EUROCARGO VALENCIA IMO 9468918	Ro-Ro Cargo	41,412	$2.0M	$21k	$2.0M	−$241k	Non-compliant next year — slow-steam or retrofit

Band E

IMMEDIATE ACTION — retrofit or lose EU trade.

8 hulls

Vessel	Type	CO2 t	ETS $	FuelEU $	Total $/yr	Slow-steam	Action
VOLCAN DE TINAMAR IMO 9506291	Ro-Ro or Passenger Ship	80,272	$3.9M	$55k	$3.9M	−$467k	IMMEDIATE ACTION — retrofit or lose EU trade
CADIZ KNUTSEN IMO 9246578	LNG Tanker	69,500	$3.4M	$251k	$3.6M	−$404k	IMMEDIATE ACTION — retrofit or lose EU trade
AURORA IMO 9169524	Passenger Ship	61,975	$3.0M	$55k	$3.1M	−$361k	IMMEDIATE ACTION — retrofit or lose EU trade
LNG AKWA IBOM IMO 9262209	LNG Tanker	43,230	$2.1M	$292k	$2.4M	−$252k	IMMEDIATE ACTION — retrofit or lose EU trade
PULPCA IMO 9345386	Ro-Ro Cargo	46,957	$2.3M	$67k	$2.3M	−$273k	IMMEDIATE ACTION — retrofit or lose EU trade
RENAISSANCE IMO 8919257	Passenger Ship	42,466	$2.1M	$55k	$2.1M	−$247k	IMMEDIATE ACTION — retrofit or lose EU trade
SUAR VIGO IMO 9250000	Vehicles Carrier	40,747	$2.0M	$55k	$2.0M	−$237k	IMMEDIATE ACTION — retrofit or lose EU trade
GENCA IMO 9307372	Ro-Ro Cargo	39,384	$1.9M	$67k	$2.0M	−$229k	IMMEDIATE ACTION — retrofit or lose EU trade

How the compliance cost reads

ETS cost = reported CO₂ tonnes × 50% EEA-trade share × $97/tonne. The share captures a mixed EU trader; a pure short-sea hull sees a larger EEA share and a pure ex-EU trader a smaller one.

FuelEU cost follows the band ladder: $0 at A/B, ~$12k at C, ~$85k at D, ~$220k at E, all scaled by DWT against a 60k reference so a VLCC and a Handysize get band-adjusted numbers.

Slow-steam saving is a first-order lever: cutting steaming speed by ~1 kn cuts fuel (and therefore CO₂ and ETS) by roughly 12%, which flows straight to the total.

Imputed-band hulls (no reported MRV, band from our CII classifier) carry FuelEU only — no model-on-model CO₂ — and are flagged low-confidence.

Vessel

Type

CO2 t

ETS $

FuelEU $

Total $/yr

Slow-steam

Action

MSC CELESTINO MARESCA

IMO 9930040

Container Ship

95,297

$4.6M

−$555k

Compliance premium — attractive charter market

EMMA MAERSK

IMO 9321483

Container Ship

95,176

$4.6M

−$554k

Compliance premium — attractive charter market

MSC ALLEGRA

IMO 9897028

Container Ship

91,084

$4.4M

−$530k

Compliance premium — attractive charter market

IONA

IMO 9826548

Passenger Ship

86,610

$4.2M

−$504k

Compliance premium — attractive charter market

OOCL HONG KONG

IMO 9776171

Container Ship

85,240

$4.1M

−$496k

Compliance premium — attractive charter market

MOBY LEGACY

IMO 9837511

Ro-Ro or Passenger Ship

81,664

$4.0M

−$475k

Compliance premium — attractive charter market

MONACO MAERSK

IMO 9778832

Container Ship

81,014

$3.9M

−$472k

Compliance premium — attractive charter market

EVER GRADE

IMO 9820855

Container Ship

78,765

$3.8M

−$458k

Compliance premium — attractive charter market

COSTA TOSCANA

IMO 9781891

Passenger Ship

77,219

$3.7M

−$449k

Compliance premium — attractive charter market

MOBY FANTASY

IMO 9837509

Ro-Ro or Passenger Ship

76,479

$3.7M

−$445k

Compliance premium — attractive charter market

CAP SAN SOUNIO

IMO 9633953

Container Ship

75,880

$3.7M

−$442k

Compliance premium — attractive charter market

MAERSK HERRERA

IMO 9784324

Container Ship

75,532

$3.7M

−$440k

Compliance premium — attractive charter market

AURA SEAWAYS

IMO 9851036

Ro-Ro or Passenger Ship

74,247

$3.6M

−$432k

Compliance premium — attractive charter market

MAERSK HOUSTON

IMO 9848950

Container Ship

73,932

$3.6M

−$430k

Compliance premium — attractive charter market

EVER GOVERN

IMO 9832717

Container Ship

65,489

$3.2M

−$381k

Compliance premium — attractive charter market

AIDANOVA

IMO 9781865

Passenger Ship

65,041

$3.2M

−$379k

Compliance premium — attractive charter market

ARVIA

IMO 9849693

Passenger Ship

64,562

$3.1M

−$376k

Compliance premium — attractive charter market

CMA CGM PALAIS ROYAL

IMO 9839181

Container Ship

63,561

$3.1M

−$370k

Compliance premium — attractive charter market

LINAH

IMO 9708801

Container Ship

61,606

$3.0M

−$359k

Compliance premium — attractive charter market

MAERSK HAMBURG

IMO 9784312

Container Ship

60,622

$2.9M

−$353k

Compliance premium — attractive charter market

COSTA SMERALDA

IMO 9781889

Passenger Ship

59,619

$2.9M

−$347k

Compliance premium — attractive charter market

THESEUS

IMO 9728954

Container Ship

59,045

$2.9M

−$344k

Compliance premium — attractive charter market

MSC MICHELLE

IMO 9897016

Container Ship

58,093

$2.8M

−$338k

Compliance premium — attractive charter market

AIDACOSMA

IMO 9781877

Passenger Ship

57,985

$2.8M

−$337k

Compliance premium — attractive charter market

WOODSIDE CHANEY

IMO 9753026

LNG Tanker

57,318

$2.8M

−$334k

Compliance premium — attractive charter market

Vessel

Type

CO2 t

ETS $

FuelEU $

Total $/yr

Slow-steam

Action

FINNMAID

IMO 9319466

Ro-Ro or Passenger Ship

98,717

$4.8M

−$575k

Compliance premium — attractive charter market

FINNSTAR

IMO 9319442

Ro-Ro or Passenger Ship

94,262

$4.6M

−$549k

Compliance premium — attractive charter market

FINNLADY

IMO 9336268

Ro-Ro or Passenger Ship

93,353

$4.5M

−$543k

Compliance premium — attractive charter market

SKY PRINCESS

IMO 9802396

Passenger Ship

84,275

$4.1M

−$490k

Compliance premium — attractive charter market

CRUISE EUROPA

IMO 9351490

Ro-Ro or Passenger Ship

77,390

$3.8M

−$450k

Compliance premium — attractive charter market

CRUISE SARDEGNA

IMO 9351505

Ro-Ro or Passenger Ship

71,639

$3.5M

−$417k

Compliance premium — attractive charter market

SUN PRINCESS

IMO 9863118

Passenger Ship

68,123

$3.3M

−$396k

Compliance premium — attractive charter market

BRITANNIA

IMO 9614036

Passenger Ship

65,610

$3.2M

−$382k

Compliance premium — attractive charter market

STENA BRITANNICA

IMO 9419175

Ro-Ro or Passenger Ship

64,533

$3.1M

−$376k

Compliance premium — attractive charter market

PANDA 006

IMO 9677026

Container Ship

62,185

$3.0M

−$362k

Compliance premium — attractive charter market

MSC SUSANNA

IMO 9290543

Container Ship

60,215

$2.9M

−$350k

Compliance premium — attractive charter market

BALTIC PRINCESS

IMO 9354284

Ro-Ro or Passenger Ship

60,093

$2.9M

−$350k

Compliance premium — attractive charter market

MAERSK ATLANTA

IMO 9348649

Container Ship

58,090

$2.8M

−$338k

Compliance premium — attractive charter market

MAERSK LEON

IMO 9526966

Container Ship

57,828

$2.8M

−$337k

Compliance premium — attractive charter market

TINKER BELL

IMO 9217242

Ro-Ro or Passenger Ship

56,103

$2.7M

−$327k

Compliance premium — attractive charter market

MSC ANTIGUA

IMO 9619476

Container Ship

54,332

$2.6M

−$316k

Compliance premium — attractive charter market

AIDAPRIMA

IMO 9636955

Passenger Ship

53,739

$2.6M

−$313k

Compliance premium — attractive charter market

MSC DESIREE

IMO 9745665

Container Ship

52,944

$2.6M

−$308k

Compliance premium — attractive charter market

MSC CASSANDRE

IMO 9785471

Container Ship

51,612

$2.5M

−$300k

Compliance premium — attractive charter market

MSC TOMOKO

IMO 9309461

Container Ship

51,202

$2.5M

−$298k

Compliance premium — attractive charter market

COSTA FAVOLOSA

IMO 9479852

Passenger Ship

51,113

$2.5M

−$297k

Compliance premium — attractive charter market

COSTA DIADEMA

IMO 9636888

Passenger Ship

51,086

$2.5M

−$297k

Compliance premium — attractive charter market

MSC YASHI B

IMO 9778090

Container Ship

50,902

$2.5M

−$296k

Compliance premium — attractive charter market

BADJI MOKHTAR III

IMO 9827889

Ro-Ro or Passenger Ship

50,004

$2.4M

−$291k

Compliance premium — attractive charter market

NORRONA

IMO 9227390

Ro-Ro or Passenger Ship

49,419

$2.4M

−$288k

Compliance premium — attractive charter market

Vessel

Type

CO2 t

ETS $

FuelEU $

Total $/yr

Slow-steam

Action

CRUISE ROMA

IMO 9351476

Ro-Ro or Passenger Ship

119,158

$5.8M

$3k

$5.8M

−$694k

Compliant but marginal — watch 2027 tightening

CRUISE BARCELONA

IMO 9351488

Ro-Ro or Passenger Ship

100,073

$4.9M

$3k

$4.9M

−$582k

Compliant but marginal — watch 2027 tightening

VENTURA

IMO 9333175

Passenger Ship

99,075

$4.8M

$3k

$4.8M

−$577k

Compliant but marginal — watch 2027 tightening

GNV POLARIS

IMO 9948592

Ro-Ro or Passenger Ship

90,914

$4.4M

$12k

$4.4M

−$529k

Compliant but marginal — watch 2027 tightening

TANIT

IMO 9598579

Ro-Ro or Passenger Ship

85,197

$4.1M

$3k

$4.1M

−$496k

Compliant but marginal — watch 2027 tightening

PANDA 001

IMO 9290787

Container Ship

77,566

$3.8M

$14k

$3.8M

−$451k

Compliant but marginal — watch 2027 tightening

JADRANA

IMO 9619385

Container Ship

71,517

$3.5M

$12k

$3.5M

−$416k

Compliant but marginal — watch 2027 tightening

EXCELSIOR

IMO 9184419

Ro-Ro or Passenger Ship

71,334

$3.5M

$3k

$3.5M

−$415k

Compliant but marginal — watch 2027 tightening

PANDA 008

IMO 9248162

General Cargo

69,658

$3.4M

$10k

$3.4M

−$405k

Compliant but marginal — watch 2027 tightening

COSTA FASCINOSA

IMO 9479864

Passenger Ship

67,142

$3.3M

$3k

$3.3M

−$391k

Compliant but marginal — watch 2027 tightening

GNV ORION

IMO 9948607

Ro-Ro or Passenger Ship

66,861

$3.2M

$12k

$3.3M

−$389k

Compliant but marginal — watch 2027 tightening

RIOJA KNUTSEN

IMO 9721736

LNG Tanker

64,586

$3.1M

$19k

$3.2M

−$376k

Compliant but marginal — watch 2027 tightening

EUROPA PALACE

IMO 9198939

Ro-Ro or Passenger Ship

63,557

$3.1M

$3k

$3.1M

−$370k

Compliant but marginal — watch 2027 tightening

QUEEN ANNE

IMO 9839399

Passenger Ship

63,466

$3.1M

$3k

$3.1M

−$369k

Compliant but marginal — watch 2027 tightening

COSTA PACIFICA

IMO 9378498

Passenger Ship

63,323

$3.1M

$3k

$3.1M

−$369k

Compliant but marginal — watch 2027 tightening

EXCELLENT

IMO 9143441

Ro-Ro or Passenger Ship

61,947

$3.0M

$3k

$3.0M

−$361k

Compliant but marginal — watch 2027 tightening

ARCADIA

IMO 9226906

Passenger Ship

58,681

$2.8M

$3k

$2.8M

−$342k

Compliant but marginal — watch 2027 tightening

MOBY AKI

IMO 9299393

Ro-Ro or Passenger Ship

58,315

$2.8M

$3k

$2.8M

−$339k

Compliant but marginal — watch 2027 tightening

QUEEN MARY 2

IMO 9241061

Passenger Ship

57,762

$2.8M

$4k

$2.8M

−$336k

Compliant but marginal — watch 2027 tightening

STENA ADVENTURER

IMO 9235529

Ro-Ro or Passenger Ship

57,481

$2.8M

$3k

$2.8M

−$335k

Compliant but marginal — watch 2027 tightening

ZIM AMERICA

IMO 9244934

Container Ship

57,086

$2.8M

$16k

$2.8M

−$332k

Compliant but marginal — watch 2027 tightening

ZEUS PALACE

IMO 9208071

Ro-Ro or Passenger Ship

57,088

$2.8M

$3k

$2.8M

−$332k

Compliant but marginal — watch 2027 tightening

FANTASTIC

IMO 9100267

Ro-Ro or Passenger Ship

56,423

$2.7M

$3k

$2.7M

−$328k

Compliant but marginal — watch 2027 tightening

COSTA DELIZIOSA

IMO 9398917

Passenger Ship

55,739

$2.7M

$3k

$2.7M

−$324k

Compliant but marginal — watch 2027 tightening

EMERALD PRINCESS

IMO 9333151

Passenger Ship

55,546

$2.7M

$3k

$2.7M

−$323k

Compliant but marginal — watch 2027 tightening

Vessel

Type

CO2 t

ETS $

FuelEU $

Total $/yr

Slow-steam

Action

LA SUPREMA

IMO 9214288

Ro-Ro or Passenger Ship

109,805

$5.3M

$21k

$5.3M

−$639k

Non-compliant next year — slow-steam or retrofit

AZURA

IMO 9424883

Passenger Ship

77,644

$3.8M

$21k

$3.8M

−$452k

Non-compliant next year — slow-steam or retrofit

COSTA FORTUNA

IMO 9239783

Passenger Ship

77,044

$3.7M

$21k

$3.8M

−$448k

Non-compliant next year — slow-steam or retrofit

QUEEN VICTORIA

IMO 9320556

Passenger Ship

72,535

$3.5M

$21k

$3.5M

−$422k

Non-compliant next year — slow-steam or retrofit

GNV SIRIO

IMO 9293404

Ro-Ro or Passenger Ship

69,497

$3.4M

$21k

$3.4M

−$404k

Non-compliant next year — slow-steam or retrofit

CIUDAD DE BARCELONA

IMO 9506289

Ro-Ro or Passenger Ship

58,003

$2.8M

$21k

$2.8M

−$338k

Non-compliant next year — slow-steam or retrofit

GNV SPIRIT

IMO 9198927

Ro-Ro or Passenger Ship

57,665

$2.8M

$21k

$2.8M

−$336k

Non-compliant next year — slow-steam or retrofit

AIDAMAR

IMO 9490052

Passenger Ship

57,248

$2.8M

$21k

$2.8M

−$333k

Non-compliant next year — slow-steam or retrofit

FSU LNG CAP LOPEZ

IMO 9241267

Floating Storage or Production

54,983

$2.7M

$113k

$2.8M

−$320k

Non-compliant next year — slow-steam or retrofit

LISMORE

IMO 9848467

Ro-Ro Cargo

53,930

$2.6M

$21k

$2.6M

−$314k

Non-compliant next year — slow-steam or retrofit

CARTOUR DELTA

IMO 9539042

Ro-Ro or Passenger Ship

52,887

$2.6M

$21k

$2.6M

−$308k

Non-compliant next year — slow-steam or retrofit

ATHARA

IMO 9263655

Ro-Ro or Passenger Ship

51,901

$2.5M

$21k

$2.5M

−$302k

Non-compliant next year — slow-steam or retrofit

MOBY ALE DUE

IMO 9222522

Ro-Ro or Passenger Ship

49,820

$2.4M

$21k

$2.4M

−$290k

Non-compliant next year — slow-steam or retrofit

CIUDAD DE GRANADA

IMO 9217125

Ro-Ro or Passenger Ship

49,290

$2.4M

$21k

$2.4M

−$287k

Non-compliant next year — slow-steam or retrofit

OLYMPOS SEAWAYS

IMO 9242390

Ro-Ro Cargo

49,110

$2.4M

$21k

$2.4M

−$286k

Non-compliant next year — slow-steam or retrofit

MEGA EXPRESS TWO

IMO 9203186

Ro-Ro or Passenger Ship

44,485

$2.2M

$21k

$2.2M

−$259k

Non-compliant next year — slow-steam or retrofit

MOBY WONDER

IMO 9214367

Ro-Ro or Passenger Ship

44,467

$2.2M

$21k

$2.2M

−$259k

Non-compliant next year — slow-steam or retrofit

MEGA EXPRESS

IMO 9203174

Ro-Ro or Passenger Ship

44,197

$2.1M

$21k

$2.2M

−$257k

Non-compliant next year — slow-steam or retrofit

LNG ONDO

IMO 9311579

LNG Tanker

41,054

$2.0M

$119k

$2.1M

−$239k

Non-compliant next year — slow-steam or retrofit

AIDABLU

IMO 9398888

Passenger Ship

43,015

$2.1M

$21k

$2.1M

−$250k

Non-compliant next year — slow-steam or retrofit

GNV SEALAND

IMO 9435454

Ro-Ro or Passenger Ship

42,845

$2.1M

$21k

$2.1M

−$249k

Non-compliant next year — slow-steam or retrofit

JANAS

IMO 9222534

Ro-Ro or Passenger Ship

42,343

$2.1M

$21k

$2.1M

−$246k

Non-compliant next year — slow-steam or retrofit

CARTHAGE

IMO 9185396

Ro-Ro or Passenger Ship

41,461

$2.0M

$21k

$2.0M

−$241k

Non-compliant next year — slow-steam or retrofit

EUROCARGO ALEXANDRIA

IMO 9465540

Ro-Ro Cargo

41,439

$2.0M

$21k

$2.0M

−$241k

Non-compliant next year — slow-steam or retrofit

EUROCARGO VALENCIA

IMO 9468918

Ro-Ro Cargo

41,412

$2.0M

$21k

$2.0M

−$241k

Non-compliant next year — slow-steam or retrofit

Vessel

Type

CO2 t

ETS $

FuelEU $

Total $/yr

Slow-steam

Action

VOLCAN DE TINAMAR

IMO 9506291

Ro-Ro or Passenger Ship

80,272

$3.9M

$55k

$3.9M

−$467k

IMMEDIATE ACTION — retrofit or lose EU trade

CADIZ KNUTSEN

IMO 9246578

LNG Tanker

69,500

$3.4M

$251k

$3.6M

−$404k

IMMEDIATE ACTION — retrofit or lose EU trade

AURORA

IMO 9169524

Passenger Ship

61,975

$3.0M

$55k

$3.1M

−$361k

IMMEDIATE ACTION — retrofit or lose EU trade

LNG AKWA IBOM

IMO 9262209

LNG Tanker

43,230

$2.1M

$292k

$2.4M

−$252k

IMMEDIATE ACTION — retrofit or lose EU trade

PULPCA

IMO 9345386

Ro-Ro Cargo

46,957

$2.3M

$67k

$2.3M

−$273k

IMMEDIATE ACTION — retrofit or lose EU trade

RENAISSANCE

IMO 8919257

Passenger Ship

42,466

$2.1M

$55k

$2.1M

−$247k

IMMEDIATE ACTION — retrofit or lose EU trade

SUAR VIGO

IMO 9250000

Vehicles Carrier

40,747

$2.0M

$55k

$2.0M

−$237k

IMMEDIATE ACTION — retrofit or lose EU trade

GENCA

IMO 9307372

Ro-Ro Cargo

39,384

$1.9M

$67k

$2.0M

−$229k

IMMEDIATE ACTION — retrofit or lose EU trade

How the compliance cost reads

ETS cost = reported CO₂ tonnes × 50% EEA-trade share × $97/tonne. The share captures a mixed EU trader; a pure short-sea hull sees a larger EEA share and a pure ex-EU trader a smaller one.

FuelEU cost follows the band ladder: $0 at A/B, ~$12k at C, ~$85k at D, ~$220k at E, all scaled by DWT against a 60k reference so a VLCC and a Handysize get band-adjusted numbers.

Slow-steam saving is a first-order lever: cutting steaming speed by ~1 kn cuts fuel (and therefore CO₂ and ETS) by roughly 12%, which flows straight to the total.

Imputed-band hulls (no reported MRV, band from our CII classifier) carry FuelEU only — no model-on-model CO₂ — and are flagged low-confidence.