Course 17 of 20 · Freight and Shipping Desk Academy

Shipping Carbon Costs & Contract Allocation

Stage D, Curves, hedging and carbon cost. Level 8 of 10.

Quantifying shipping emissions obligations as a cost per voyage and per vessel day, and allocating that cost between owner and charterer in contract terms.

129 chapters · 12 modules · every chapter one 8 to 10 minute explainer · builds on: Course 03, Course 08, Course 09

Enrol or enquire See the 129 chapters
How a chapter is delivered

One chapter is one idea taken to the point of use

Each chapter covers one idea to the point where you can use it, and comes two ways: a narrated explainer, and a deep dive audio discussion of around thirty minutes that works the same material at depth.

Self-paced throughout, and the same chapters can be taught as a cohort. Chapters run in order: each one assumes only what the chapters before it taught, and capability belonging to a later course is named and deferred rather than half-covered.

Curriculum

12 modules · 129 chapters

Open any module for its full chapter list, in teaching order.

M0 The Emissions Cost on a Freight Fixture Ch 1-10
  1. Why a Fixture Now Carries a Carbon Line
  2. The Obligated Party Is Not Always the Paying Party
  3. Three Questions Every Carbon Clause Must Answer
  4. What Belongs Here and What Belongs to the Carbon Desk
  5. Cost per Voyage, Cost per Vessel Day
  6. Why the Same Hull Carries Two Different Carbon Bills
  7. Reading an Emissions Surcharge on a Recap
  8. The Cost That Genuinely Moves a Decision
  9. Where This Cost Sits in an Operator's Budget
  10. What This Material Builds Toward
M1 From Fuel Burn to a Tonnage of Carbon Dioxide Ch 11-21
  1. The Burn Is the Measurement
  2. Fuel Grades and Their Conversion Factors
  3. The Boundary the Regime Fixes, Then the Bill You Negotiate
  4. Main Engine, Auxiliaries and Boilers Counted Apart
  5. Noon Reports as the Working Record
  6. Bunker Delivery Notes Against What the Engine Logged
  7. Laden, Ballast and the Legs Nobody Costs
  8. Burn in Port, at Anchor and Alongside
  9. Cargo Heating and Inert Gas on the Carbon Bill
  10. Building a Passage Quantity, Part One: Assembling the Inputs
  11. Building a Passage Quantity, Part Two: The Calculation
M2 Which Voyages, Which Legs, Which Days Fall in Scope Ch 22-31
  1. An In-Scope Voyage Is a Definition, Not a Distance
  2. The Leg That Counts in Part
  3. Phase-In Proportions as a Multiplier on the Bill
  4. Intermediate Calls and the Scope They Make or Unmake
  5. Time at Berth and the Terminal You Occupied
  6. A Voyage That Changes Scope After the Rate Was Agreed
  7. Overlapping Regimes on a Single Passage
  8. Thresholds, Exclusions and the Ship Just Outside
  9. Scope Mapped Onto a Whole Trading Pattern
  10. Two Routes, Two Scope Answers, One Parcel
M3 Two European Regimes, Two Different Mechanisms Ch 32-42
  1. What the European Trading Obligation Counts on a Ship
  2. The Shipping Company the Trading Obligation Holds Answerable
  3. What a Unit-Based Scheme Lets a Company Carry Forward
  4. Recovering an Allowance Cost From the Party That Burned the Fuel
  5. The Monitoring Plan, the Verified Report and the Liability That Stays
  6. What the Fuel-Intensity Regime Measures Instead of Tonnes
  7. The Compliance Balance That Replaces Buying a Unit
  8. Banking, Borrowing and Pooling a Compliance Balance
  9. Recovering an Intensity Shortfall When There Is No Unit to Buy
  10. The Records a Pool Demands and the Deficit You Cannot Pass On
  11. Two Mechanisms a Single Carbon Surcharge Cannot Carry
M4 Turning a Tonnage Into Money Ch 43-53
  1. A Unit Cost Is an Input, Not a View
  2. From Tonnage to Money on One Passage
  3. Cost per Vessel Day on a Period Fixture
  4. Cost per Tonne of Cargo and the Stowage You Achieved
  5. Restating the Charge in Freight Conventions
  6. The Charge as a Deduction From Daily Earnings
  7. A Forward Unit Cost Against a Rate Agreed Today
  8. Who Carries the Price Move Between Fixing and Settlement
  9. Indexing an Adder to a Published Reference
  10. Rounding, Minimums and the Small Parcel
  11. One Fixture Priced With and Without the Carbon Line
M5 The Emissions Line Inside a Voyage Estimate Ch 54-64
  1. Adding One Line to an Estimate You Already Build
  2. Above or Below the Freight Line
  3. What the Charge Does to a Breakeven Rate
  4. The Speed Instruction Reconsidered
  5. Routing Where the Quicker Way Burns More
  6. Choosing a Bunker Grade Against Two Prices at Once
  7. Ballast Leg Economics With a Carbon Charge
  8. Waiting Days, Demurrage and the Emissions They Produce
  9. Canal Transit or the Long Way Round, Recosted
  10. Comparing Two Hulls for the Same Employment
  11. A Complete Estimate With the Carbon Line In
M6 Allocating the Charge in a Voyage Charter Ch 65-75
  1. Who Funds the Charge When Freight Is One Number
  2. The Emissions Adder as a Visible Separate Line
  3. Burying the Charge Inside the Rate
  4. A Lumpsum Adder Against a Per-Tonne Adder
  5. Drafting the Calculation Into the Charter
  6. Evidence the Charterer May Call For
  7. Payment Timing and the Cash Gap It Opens
  8. Deviation, Orders and the Burn Nobody Agreed
  9. Off-Specification Bunkers and a Higher Factor
  10. Reconciling the Estimate Against the Actual
  11. One Voyage Fixture Allocated Three Ways
M7 Allocating the Charge in a Time Charter Ch 76-87
  1. The Charterer Buys the Fuel but May Not Hold the Obligation
  2. Shifting the Funding Onto the Charterer Who Buys the Fuel
  3. Reimbursement in Cash Against Delivery in Kind
  4. Timing the Transfer Against the Hire Cycle
  5. Off-Hire Days and the Emissions They Still Create
  6. A Speed and Consumption Warranty Recast
  7. Hull Fouling, Performance Drift and a Rising Bill
  8. Slow Steaming Ordered Purely to Cut the Charge
  9. Bunkers on Delivery and Redelivery, Carbon Included
  10. Security Behind a Long-Dated Carbon Undertaking
  11. A Charterer Who Fails to Transfer
  12. One Period Fixture With the Clause Working
M8 Allocation Across a Contract of Affreightment and the Relet Chain Ch 88-97
  1. A Multi-Shipment Commitment Priced Before the Charge Is Known
  2. Per Shipment, Per Tonne or Per Annum
  3. The Hull the Owner Nominates and Its Efficiency
  4. Review Mechanisms Inside a Long Commitment
  5. Passing the Charge Down a Sub-Charter
  6. Back-to-Back Wording That Is Not Back to Back
  7. Reletting a Ship Whose Carbon Cost You Already Hold
  8. A Programme Served by Mixed Tonnage
  9. Shortfall, Deadfreight and Emissions Never Produced
  10. One Affreightment Contract Allocated End to End
M9 Vessel Efficiency as a Commercial Variable Ch 98-108
  1. Two Ships, One Cargo, Different Bills
  2. An Intensity Rating Read as a Price Difference
  3. The Two-Tier Tonnage Market
  4. The Eco Premium Restated in Carbon Money
  5. A Retrofit Decision Seen From the Owner's Side
  6. Who Captures the Benefit of an Improvement
  7. Hull Cleaning and Propeller Polishing as Priced Events
  8. Wind Assistance and the Charge It Removes
  9. A Biofuel Blend and Who Pays the Premium
  10. Alternative Fuels Compared on One Passage
  11. Choosing Tonnage Once Carbon Is Priced
M10 Evidence, Reconciliation and Disputes Ch 109-118
  1. Why Carbon Invoices Get Challenged
  2. The Documentary Chain Behind a Figure
  3. A Charterer's Audit of the Owner's Calculation
  4. Disagreement About the Chargeable Share
  5. Claiming Back a Charge Incurred Off Hire
  6. A Performance Shortfall Turned Into a Carbon Claim
  7. Time Bars on an Emissions Claim
  8. When the Account Falls Short at Surrender
  9. Settling a Figure Neither Side Can Prove
  10. A Disputed Adder From Invoice to Settlement
M11 The Whole Cost on One Fixture, and the Limits Ch 119-129
  1. Setting Up the Closing Case
  2. The Closing Case, Part One: Building the Quantity
  3. The Closing Case, Part Two: Pricing and Presenting It
  4. The Closing Case, Part Three: Drafting the Allocation
  5. The Closing Case, Part Four: The Period Alternative
  6. The Closing Case, Part Five: Taking and Defending the Decision
  7. Presenting a Carbon Charge to a Reluctant Counterparty
  8. A Standing Procedure for Every Fixture
  9. What a Carbon Charge Cannot Be Hedged Against
  10. Where a Carbon Cost Estimate Runs Out
  11. Where This Capability Is Picked Up Next

The brochure gives each of these 129 chapters a paragraph on what it covers and what you can do once you have worked through it.

This is course 17 of twenty

It stands alone, and it is also the entry point to the Freight and Shipping Desk Academy pathway.

Enrol or enquire See the whole pathway