Shipping: emissions by company in the EU ETS
43 Mt CO2e in 2025 from 1,852 shipping installations in the EU ETS, run by 1,788 companies; 0 kt of it covered by free allowances. Source: Arcadium Data, data as of .
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Largest operating companies
| Operating company | Installations | Emissions 2025 | Free allocation | Allowances to buy |
|---|---|---|---|---|
| GRIMALDI EUROMED SPA | 1 | 1.7 Mt | ||
| SHANGHAI OCEAN SHIPPING CO., LTD. | 1 | 1.3 Mt | ||
| MSC Cruise Management (UK) Limited | 1 | 1.2 Mt | ||
| Hapag-Lloyd Aktiengesellschaft | 1 | 1.0 Mt | ||
| EVERGREEN MARINE CORP. (TAIWAN) LTD | 1 | 0.8 Mt | ||
| Costa Crociere S.p.A. | 1 | 0.8 Mt | ||
| Grandi Navi Veloci S.p.A. | 1 | 0.8 Mt | ||
| Finnlines Oyj | 1 | 0.7 Mt | ||
| Zodiac Maritime Limited | 1 | 0.6 Mt | ||
| NCL (Bahamas) Ltd. | 1 | 0.6 Mt | ||
| Spliethoff's Bevrachtingskantoor B.V. | 1 | 0.5 Mt | ||
| TECHNOMAR SHIPPING INC. | 1 | 0.5 Mt | ||
| Anglo-Eastern (Germany) GmbH | 1 | 0.4 Mt | ||
| Peter Döhle Schiffahrts-KG | 1 | 0.4 Mt | ||
| DFDS DENIZCILIK VE TASIMACILIK ANONIM SIRKETI | 1 | 0.4 Mt | ||
| TSAKOS SHIPPING AND TRADING S.A. | 1 | 0.4 Mt | ||
| TT-Line G.m.b.H. & Co. KG | 1 | 0.4 Mt | ||
| HMM Company Limited | 1 | 0.3 Mt | ||
| MOBY S.P.A. | 1 | 0.3 Mt | ||
| DYNAGAS LTD | 1 | 0.3 Mt | ||
| Color Line Marine AS | 1 | 0.3 Mt | ||
| SYNERGY MARITIME PRIVATE LIMITED | 1 | 0.3 Mt | ||
| Thenamaris (Ships Management) Inc. | 1 | 0.3 Mt | ||
| MARAN TANKERS MANAGEMENT INC. | 1 | 0.3 Mt | ||
| GRIMALDI DEEP SEA SPA | 1 | 0.3 Mt |
Largest installations
| Installation | Activity | Country | Operating company | Emissions 2025 |
|---|---|---|---|---|
| GRIMALDI EUROMED SPA | Maritime operator | Italy | GRIMALDI EUROMED SPA | 1.7 Mt |
| SHANGHAI OCEAN SHIPPING CO., LTD. | Maritime operator | Greece | SHANGHAI OCEAN SHIPPING CO., LTD. | 1.3 Mt |
| MSC Cruise Management (UK) Limited | Maritime operator | Italy | MSC Cruise Management (UK) Limited | 1.2 Mt |
| Hapag-Lloyd Aktiengesellschaft | Maritime operator | Germany | Hapag-Lloyd Aktiengesellschaft | 1.0 Mt |
| EVERGREEN MARINE CORP. (TAIWAN) LTD | Maritime operator | Greece | EVERGREEN MARINE CORP. (TAIWAN) LTD | 0.8 Mt |
| Costa Crociere S.p.A. | Maritime operator | Italy | Costa Crociere S.p.A. | 0.8 Mt |
| Grandi Navi Veloci S.p.A. | Maritime operator | Italy | Grandi Navi Veloci S.p.A. | 0.8 Mt |
| Finnlines Oyj | Maritime operator | Finland | Finnlines Oyj | 0.7 Mt |
| Zodiac Maritime Limited | Maritime operator | Spain | Zodiac Maritime Limited | 0.6 Mt |
| NCL (Bahamas) Ltd. | Maritime operator | Italy | NCL (Bahamas) Ltd. | 0.6 Mt |
| Spliethoff's Bevrachtingskantoor B.V. | Maritime operator | Netherlands | Spliethoff's Bevrachtingskantoor B.V. | 0.5 Mt |
| TECHNOMAR SHIPPING INC. | Maritime operator | Greece | TECHNOMAR SHIPPING INC. | 0.5 Mt |
| Anglo-Eastern (Germany) GmbH | Maritime operator | Germany | Anglo-Eastern (Germany) GmbH | 0.4 Mt |
| Peter Döhle Schiffahrts-KG | Maritime operator | Germany | Peter Döhle Schiffahrts-KG | 0.4 Mt |
| DFDS DENIZCILIK VE TASIMACILIK ANONIM SIRKETI | Maritime operator | France | DFDS DENIZCILIK VE TASIMACILIK ANONIM SIRKETI | 0.4 Mt |
| Maritime operator | Maritime operator | Norway | 0.4 Mt | |
| TSAKOS SHIPPING AND TRADING S.A. | Maritime operator | Greece | TSAKOS SHIPPING AND TRADING S.A. | 0.4 Mt |
| TT-Line G.m.b.H. & Co. KG | Maritime operator | Germany | TT-Line G.m.b.H. & Co. KG | 0.4 Mt |
| HMM Company Limited | Maritime operator | Germany | HMM Company Limited | 0.3 Mt |
| MOBY S.P.A. | Maritime operator | Italy | MOBY S.P.A. | 0.3 Mt |
| DYNAGAS LTD | Maritime operator | Greece | DYNAGAS LTD | 0.3 Mt |
| Color Line Marine AS | Maritime operator | Norway | Color Line Marine AS | 0.3 Mt |
| SYNERGY MARITIME PRIVATE LIMITED | Maritime operator | Spain | SYNERGY MARITIME PRIVATE LIMITED | 0.3 Mt |
| Maritime operator | Maritime operator | Belgium | 0.3 Mt | |
| Thenamaris (Ships Management) Inc. | Maritime operator | Greece | Thenamaris (Ships Management) Inc. | 0.3 Mt |
By country
- Belgium (95 installations)
- Bulgaria (9 installations)
- Croatia (9 installations)
- Cyprus (31 installations)
- Estonia (5 installations)
- Finland (15 installations)
- France (48 installations)
- Germany (399 installations)
- Greece (352 installations)
- Ireland (11 installations)
- Italy (130 installations)
- Latvia (8 installations)
- Luxembourg (9 installations)
- Malta (40 installations)
- Netherlands (222 installations)
- Norway (84 installations)
- Portugal (15 installations)
- Slovenia (7 installations)
- Spain (330 installations)
- Sweden (26 installations)
Emissions are verified EU Emissions Trading System emissions in tonnes of CO2 equivalent for 2025: the installations, aircraft operators and shipping companies covered by the ETS, not a company's total footprint (no scope 2 or 3, no sites outside the ETS). Free allocation is the free allowances allocated for the same year; "allowances to buy" is emissions minus free allocation, the exposure that grows as free allocation is phased out under CBAM from 2026. Companies only: an account holder that is not a company is never shown. Data as of 2026-10-25, updated yearly.
Emissions and allocation: European Commission, Union Registry of the EU ETS (verified emissions, free allocation, compliance and the list of operators; Commission reuse policy, CC BY 4.0). Parent company and pollutant releases of facilities: European Environment Agency, Industrial Emissions Portal (CC BY 4.0). Legal-entity identifiers: GLEIF (CC0).
Questions
Where does this data come from?
The European Commission publishes verified emissions, free allocation and compliance of every installation in the EU Emissions Trading System, and the list of operators with company registration number and LEI. We join them to the operating company, its website and its ultimate parent, and record changes each year.
Is this a full carbon footprint?
No. It covers emissions that fall under the EU ETS (power and heat, heavy industry, aviation within Europe, shipping). It has no scope 2 or scope 3 emissions and no sites outside the ETS.
Does the list show private persons?
No. Operators are shown only when they are companies. Account holders that could be natural persons are left out, and the data has no addresses or contact details.
Cite as: Arcadium Data, "Shipping: emissions by company in the EU ETS: 43 Mt in 2025", https://arcadiumdata.io/emissions/sector/shipping/, data as of 2026-10-25.