EEX Zero Carbon Freight Index (ZCFI)
EEX Zero Carbon Freight Index
“First of its kind” info product calculates synthetic cost of carbon in Dry Freight
EEX AG has launched its new Zero Carbon Freight Index (ZCFI). For the first time, this index enables players in the Dry Freight market to see how the cost of carbon emissions could affect freight prices.
The new EEX Zero Carbon Freight Index calculates the synthetic price of daily FFA time-charter rates for both Capesize and Panamax vessels, which are adjusted for the cost of carbon. Price information is taken from the highly liquid EEX Dry Freight FFA market which is then combined with EEX EUA Futures to create a daily “Zero Carbon FFA” rate which reflects a 100% carbon reduction.
| Title | Type | Category | Publishing date | File |
|---|---|---|---|---|
| EEX Zero Carbon Freight Index - Methodology | Documents | General | 2021-07-12 | pdf (692 KB) |
Providing credible and reliable Data
Steffen Koehler, Chief Operating Officer at EEX
"As a major player in both the freight and carbon markets, EEX has a duty of care and a responsibility to help our customers navigate through the decarbonization process and ensure that they manage their exposure effectively. Through our new Zero Carbon Freight Index, we are actively helping our customers and the wider shipping industry in real terms, by providing credible, reliable data which in turn, helps players make better and more informed trading decisions today and in the future."
