We add an Energy Surcharge to the freight rate to compensate for fluctuations in the price of the fuel (bunker) we use to power our ships and the price of CO2 emissions linked to that fuel. The Energy Surcharge is composed of two elements : a Fuel Component and a CO2 Component.   

Fuel Component  

The Fuel Component is based for 97.2% on the average Rotterdam Low Sulphur Marine Gas Oil (LSMGO) price in €/tonne (98.6% for EU-UK voyages). The remaining 2.8% (1.4% for EU-UK voyages) is based on the price of UCOME 100% biodiesel in €/tonne. 

CO2 Component 

The CO2 Component is based on the average CO2 price (EEX EUA End of Day Index price in €/tonne)* x 98% (i.e a 2% discount reflecting the reduced carbon emissions resulting from the use of biofuel). The CO2 Component is adjusted during the EU phase-in period (-30% in 2025) and for routes to/from the UK (a further -50%). 

*the calculation period for all reference values is from the 16th of the month N-2 until 15th of the month N-1.  

The applicable components of the Energy Surcharge in January 2025 are:  

Fuel Component:  

LSMGO : EUR 627.38

UCOME 100% RED 2 biodiesel : EUR 1351.09

CO2 Component:  

EUR 68.05 (Average EEX EUA End of Day Index price) 

Currency conversion rates:  

EUR/GBP: 0.8308 (average) 

EUR/SEK: 11.5422 (average) 

Please consult the documents below to find out which Energy Surcharge level applies to each individual sailing route:

CLdN Energy surcharge table January 2025

CLdN Energy surcharge table December 2024

CLdN Energy surcharge table November 2024