IMO’s EEXI and CII measures slated for 2023 to reduce emissions may be too slow to enforce change by only factoring in operational considerations, as maritime organisation RightShip announced.
Namely, RightShip has argued that the IMO’s Energy Efficiency Existing Ship Index (EEXI) and Carbon Intensity Indicator (CII) to reduce greenhouse gas (GHG) emissions slated for 2023 may be too slow to enforce change by only factoring in operational considerations, missing out on the crucial emissions reduction capabilities of the Energy Efficiency Design Index (EEDI).
“Working globally across a range of sectors that are under increasing amounts of pressure to decarbonise, it’s vital that the maritime industry moves to accelerate its own transformation in tandem, factoring in all potential efficiency drivers including design considerations and new technology.”...RightShip notes.
What is more, RightShip’s latest review reveals the IMO’s recent announcement fails to account for potential GHG savings through mandated design minimums. It states that for existing vessels to meet the EEXI, the IMO will be relying almost entirely on overridable engine power limitations (EPLs) i.e., running vessels at a slower speed – doing little to pave the way for the technology needed for long-term industry transformation.
We support the IMO’s commitment to new carbon emissions regulations. However, RightShip is committed to working towards a maritime industry that causes zero harm, and we have concerns about the limitations associated with the EEXI. To achieve industry goals, we must seek out the most innovative solutions and as such, we welcome all opportunities to collaborate with the industry to develop transformative results.
…as RightShip CEO, Steen Lund said.
Key considerations
- The IMO’s Energy Efficiency Existing Ship Index (EEXI) and Carbon Intensity Indicator (CII) to reduce greenhouse gas emissions slated for 2023 may be too slow to enforce change by only factoring in operational considerations
- The latest review conducted by RightShip reveals these benchmarks fail to account for potential GHG savings through mandated design minimums, relying instead on factors such as running vessels at a lesser speed
- These operational considerations do little to pave the way for the technology needed to drive long-term supply chain transformation
- RightShip will continue to offer the industry a way to meet the IMO’s mandates using its GHG Rating tool while also factoring vessel design for a complete picture of efficiency, enabling confident chartering decisions and maximum harm reduction to the environment.
Kris Fumberger, RightShip’s Head of Sustainability and Environment added: “Historically, RightShip has seen the market utilise overridable EPLs to improve their GHG Rating. However, we revised our EPL requirements in 2020 and have since seen a significant move towards other energy saving equipment (ESE) to meet GHG Rating expectations. This confirms that vessel owners and operators can utilise innovative sustainable measures to improve fleet efficiency”.
VIEW RIGHTSHIP’S FULL EEXI AND CII POSITION PAPER HERE
