Platts Will Launch Bio-LNG CO2 Assessments in 2027
New daily reporting starting January 4, 2027, will track emissions abatement costs for bio-LNG bunker fuel in Rotterdam.
Updated on Oct. 6, 2026 in Electric Vehicles
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Platts has proposed a new daily assessment for bio-LNG CO2 abatement costs in Rotterdam, with an official launch scheduled for January 4, 2027. These assessments will quantify the costs of utilizing lower-emission fuels compared to traditional marine alternatives.
Why it matters
By providing transparent cost data for carbon abatement, these assessments help track the financial impact of shifting toward cleaner marine fuels. This move aims to support more accurate comparisons for industry stakeholders navigating evolving European emissions standards.
The proposed assessments will factor in 50 percent and 100 percent of EU ETS costs for bio-LNG. The methodology utilizes a carbon intensity of -30g CO2/MJ for calculations as of the 1630 London market close.
The players
Platts
A division of S&P Global that provides essential pricing benchmarks, analytics, and data for the global energy and commodities markets.
European Union
The political and economic union that oversees the EU ETS and established the regulatory emissions standards for maritime fuel.
The details
The new assessment framework determines emissions abatement costs by comparing subsidized and unsubsidized bio-LNG against conventional fuels like very-low sulfur fuel oil. To ensure consistency, the calculations apply Regulation (EU) 2023/1805 for fossil bunker fuel emissions factors. The cost analysis integrates daily EUA price assessments to estimate the financial impact of EU ETS compliance across different bio-LNG usage levels.
Timeline
January 4, 2027: Planned launch date for daily bio-LNG abatement assessments.
The Home Front
This initiative follows the implementation of the European Union's maritime emissions regulations to standardize how alternative fuels are valued. The move aligns with broader efforts to integrate carbon pricing into the operational costs of international shipping and fuel logistics.
While these assessments track industrial bunker fuel costs, they reflect the broader economic shifts toward renewable energy sources in transportation. Households should watch how these fuel pricing benchmarks affect the long-term cost of goods that rely on international shipping routes.
The takeaway
The transition to sustainable shipping fuels is increasingly tied to clear carbon pricing, as shown by this move to standardize bio-LNG costs. Tracking these benchmarks helps clarify the real-world financial transition toward cleaner, lower-carbon logistics.
What happens next
Market participants can anticipate the official implementation of the bio-LNG daily assessment methodology on January 4, 2027, following the 1630 London market close.
Further reading
For updates on how evolving emissions standards impact the broader transport sector, read more in our Electric Vehicles section.
More information
Review the full details of the bio-LNG carbon intensity methodology on the S&P Global portal.
Source note: This article includes information reported by Hellenic Shipping News.
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