Maritime protection and indemnity (P&I) club Gard on Friday (25 November) published an article looking at certain key features of IMO’s Carbon Intensity Indicator (CII) regulation which will be coming into force next year.
“The CII regulation is likely to alter the traditional division of responsibilities between owners and time charterers, and may significantly change the way vessels are operated,” stated Siddharth Mahajan, Senior Loss Prevention Executive, at the Singapore office of Gard.
The CII regulation
The Carbon Intensity Indicator or CII is a rating system developed by IMO for all cargo, Ro-pax and cruise vessels above 5,000 GT whereby vessels will be rated for their operational Carbon Intensity for each calendar year, starting in 2023. Operational carbon intensity performance of different types of ships from 2019 will be used as a reference.
Below are some key points of the CII regulations.
Note: The complete article “The challenges of CII compliance – Cooperation is key” including segments on ‘Factors affecting CII’, ‘Important considerations’, can be viewed here.
Photo credit: CHUTTERSNAP from Unsplash
Published: 28 November, 2022
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