AAL

AAL is a global multipurpose shipping operator that serves the breakbulk, heavy lift, and project cargo industry.

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AAL TAKES EARLY STANCE ON THE EU’S NEW YEAR CARBON EMISSIONS TRADING RULES


Singapore, Wednesday 22nd November 2023: AAL Shipping (AAL) has become the first project heavy lift carrier to publish a carbon surcharge guidance to help its customers prepare for the increased costs related to forthcoming European Union regulations on carbon emissions.

The move comes ahead of the extension of the EU Emissions Trading System (EU ETS) to cover the maritime industry, affecting shipping lanes between Europe and the rest of the world from 1st January 2024 with fixed charges for every ton of CO2 emitted.

With these additional costs directly attributed to multipurpose cargo operations, AAL has developed what it has termed an ‘EU ETS Surcharge’ (EUETSS), that will be applied to cargo loaded, or already onboard, an AAL operated vessel sailing either to or from a European port from 2024.

The EUETSS, which launched in August, will track the current EU Emissions Trading Price as well as average vessel consumption and cargo volume.

It will apply per Revenue Ton to Part Cargoes on AAL’s regular trading routes to and from the European continent and be quoted separately from normal freight rates.

For full and complete cargoes, AAL intends to calculate a surcharge based on estimated / actual voyage emissions.

The EU ETS is the world’s first carbon market – launched in 2005 and designed to help reduce greenhouse gas emissions cost effectively.

From 1st January 2024, the scheme will require all ship operators sailing to or from a European port to monitor and report their emissions, with purchase allowances surrendered as additional charges for every ton of CO2 emitted.

“As the industry continues towards greater sustainability and oversight, it is incumbent upon us to ensure that our customers and other supply chain partners remain ahead of the game and kept fully appraised of how changing regulations will impact their cargo movements. AAL will carefully monitor and share any adjustments on a quarterly basis,” said Felix Schoeller, AAL Director and Head of the carrier’s Sustainability Committee.

He added: “The EU ETS is an important step in protecting the environment in which we operate. This surcharge guidance comes on the heels of our latest Sustainability Report in 2022 that we released publicly in August and is our latest initiative in setting a new precedent for greater sustainability across the global multipurpose shipping sector.”

About AAL Shipping

AAL is a leading premium project heavy lift carrier, focused on long-haul project cargo solutions for majors within a wide range of dynamic industry sectors, including oil & gas, mining, energy, construction, and agriculture.

Highly awarded for its services and with over 28 years’ experience, AAL employs heavy lift MPVs with superior cargo intake and heavy-lift capability (max 700mt), offering shippers economies of scale on every sailing. With a sterling reputation for safety, reliability, and customer service, AAL is committed to transparency in its ESG activities and to being as sustainable as possible across all operations, land and sea.

Today, AAL owns and controls the majority of its operating fleet, one of the MPP sector’s largest and youngest, enabling its teams to develop sailings and solutions that best suit customer demands. Its vessels carry any cargo from project heavy lift, breakbulk and dry bulk commodities to general cargo – and all at the same time.

A significant percentage of the AAL fleet is employed across AAL’s monthly Liner Services and regular Trade Lane Services, the latter affording greater port call and scheduling flexibility. These services connect Oceania with Asia, India, Middle East, Europe, and the Americas.

The rest of the fleet delivers worldwide Tramp Chartering Solutions: tailormade sailings for project stakeholders, offered either on a single sailing or on a longer-term basis.

The fleet currently comprises 30 MPP heavy lift vessels and includes its six newbuildings, the ‘Super B-Class’, which will be operational from June 2024.

With 11 representative offices on four continents, AAL’s team combines over 25 different nationalities and 35 spoken languages, ensuring a local 24/7 service in key trading hubs and supporting major trade lanes worldwide.

For further information on AAL and its services, visit www.aalshipping.com or email marketing@aalshipping.com.

Follow us on Facebook, LinkedIn, Twitter, Instagram, and YouTube.


Download Files Here

  • 1 jpg RemoteMed(14)
    AAL has become the first project heavy lift carrier to publish a carbon surcharge guidance to comply with the EU Emissions Trading System (EU ETS).
    File size: 612 KB Downloads: 108
  • 2 jpg post 25.03.22
    AAL's 'EU ETS Surcharge’ will be applied to cargo loaded, or already onboard, an AAL operated vessel sailing either to or from a European port from 2024.
    File size: 152 KB Downloads: 94
  • 3 jpg DCIM100MEDIADJI_0191.JPG
    The EUETSS, which launched in August, will track the current EU Emissions Trading Price as well as average vessel consumption and cargo volume.
    File size: 670 KB Downloads: 101
  • 4 jpg AAL_Team_Hamburg_SEP21_073 (3)
    Felix Schoeller, AAL Director and Head of the carrier’s Sustainability Committee.
    File size: 401 KB Downloads: 35
  • 5 jpg AAL Kembla and Brisbane (1)
    Pictured are the AAL Kembla and AAL Brisbane.
    File size: 727 KB Downloads: 97

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AAL takes early stance on the EU’s new year carbon emissions trading rules

AAL Shipping has become the first project heavy lift carrier to publish a carbon surcharge guidance to help its customers prepare for the increased costs related to forthcoming European Union regulations on carbon emissions.

The move comes ahead of the extension of the EU Emissions Trading System (EU ETS) to cover the maritime industry, affecting shipping lanes between Europe and the rest of the world from 1st January 2024 with fixed charges for every ton of CO2 emitted.

With these additional costs directly attributed to multipurpose cargo operations, AAL has developed what it has termed an ‘EU ETS Surcharge’ (EUETSS), that will be applied to cargo loaded, or already onboard, an AAL operated vessel sailing either to or from a European port from 2024.

The EUETSS, which launched in August, will track the current EU Emissions Trading Price as well as average vessel consumption and cargo volume.

It will apply per Revenue Ton to Part Cargoes on AAL’s regular trading routes to and from the European continent and be quoted separately from normal freight rates.

For full and complete cargoes, AAL intends to calculate a surcharge based on estimated / actual voyage emissions.

The EU ETS is the world’s first carbon market – launched in 2005 and designed to help reduce greenhouse gas emissions cost effectively.

From 1st January 2024, the scheme will require all ship operators sailing to or from a European port to monitor and report their emissions, with purchase allowances surrendered as additional charges for every ton of CO2 emitted.

“As the industry continues towards greater sustainability and oversight, it is incumbent upon us to ensure that our customers and other supply chain partners remain ahead of the game and kept fully appraised of how changing regulations will impact their cargo movements. AAL will carefully monitor and share any adjustments on a quarterly basis,” said Felix Schoeller, AAL Director and Head of the carrier’s Sustainability Committee.

He added: “The EU ETS is an important step in protecting the environment in which we operate. This surcharge guidance comes on the heels of our latest Sustainability Report in 2022 that we released publicly in August and is our latest initiative in setting a new precedent for greater sustainability across the global multipurpose shipping sector.”

About AAL Shipping

AAL is a leading premium project heavy lift carrier, focused on long-haul project cargo solutions for majors within a wide range of dynamic industry sectors, including oil & gas, mining, energy, construction, and agriculture.

Highly awarded for its services and with over 28 years’ experience, AAL employs heavy lift MPVs with superior cargo intake and heavy-lift capability (max 700mt), offering shippers economies of scale on every sailing. With a sterling reputation for safety, reliability, and customer service, AAL is committed to transparency in its ESG activities and to being as sustainable as possible across all operations, land and sea.

Today, AAL owns and controls the majority of its operating fleet, one of the MPP sector’s largest and youngest, enabling its teams to develop sailings and solutions that best suit customer demands. Its vessels carry any cargo from project heavy lift, breakbulk and dry bulk commodities to general cargo – and all at the same time.

A significant percentage of the AAL fleet is employed across AAL’s monthly Liner Services and regular Trade Lane Services, the latter affording greater port call and scheduling flexibility. These services connect Oceania with Asia, India, Middle East, Europe, and the Americas.

The rest of the fleet delivers worldwide Tramp Chartering Solutions: tailormade sailings for project stakeholders, offered either on a single sailing or on a longer-term basis.

The fleet currently comprises 30 MPP heavy lift vessels and includes its six newbuildings, the ‘Super B-Class’, which will be operational from June 2024.

With 11 representative offices on four continents, AAL’s team combines over 25 different nationalities and 35 spoken languages, ensuring a local 24/7 service in key trading hubs and supporting major trade lanes worldwide.

For further information on AAL and its services, visit www.aalshipping.com or email marketing@aalshipping.com.

Follow us on Facebook, LinkedIn, Twitter, Instagram, and YouTube.