13 min
Do IMO’s EEXI and CII regulations actually work? Future Bound
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- Investing
Host: Liv Dyrnes,CFO, Klaveness Combination Carriers
Guest: Anders Mjølsnes SørheimSustainability and CO2 Performance Manager, Klaveness Combination Carriers (KCC) / Klaveness Ship Management (KSM)
“Sail in ballast all year if you want to"
As stated by IMO to incentivize reducing the carbon intensity of vessels by 40% by 2030 compared to 2008 baseline: “Ships are required to calculate two ratings: their attained Energy Efficiency Existing Ship Index (EEXI) to determine their energy efficiency, and their annual operational Carbon Intensity Indicator (CII) and associated CII rating. With requirements for EEXI and CII certification coming into play from January 1st 2023 and the first annual reporting to be completed in 2023, CFO Liv Dyrnes sits down with Sustainability and CO2 Performance Manager Anders Sørheim to discuss why KCC is not directly impacted by IMO’s EEXI and CII regulations - and why the AER is not a measure incentivizing the industry to reduce emissions.
Discussion points include:
The EEXI and CII regulations explained
The flaws of much-debated CII
Meeting the expectations set out by IMO
What the regulations means for KCC’s CABU and CLEANBU vessels
Implications and expectations for the wider industry
About Sørheim: Sustainability and CO2 Performance Manager with KSM, working directly with KCC on topics such as energy efficiency, decarbonization initiatives and regulatory environmental compliance.
Host: Liv Dyrnes,CFO, Klaveness Combination Carriers
Guest: Anders Mjølsnes SørheimSustainability and CO2 Performance Manager, Klaveness Combination Carriers (KCC) / Klaveness Ship Management (KSM)
“Sail in ballast all year if you want to"
As stated by IMO to incentivize reducing the carbon intensity of vessels by 40% by 2030 compared to 2008 baseline: “Ships are required to calculate two ratings: their attained Energy Efficiency Existing Ship Index (EEXI) to determine their energy efficiency, and their annual operational Carbon Intensity Indicator (CII) and associated CII rating. With requirements for EEXI and CII certification coming into play from January 1st 2023 and the first annual reporting to be completed in 2023, CFO Liv Dyrnes sits down with Sustainability and CO2 Performance Manager Anders Sørheim to discuss why KCC is not directly impacted by IMO’s EEXI and CII regulations - and why the AER is not a measure incentivizing the industry to reduce emissions.
Discussion points include:
The EEXI and CII regulations explained
The flaws of much-debated CII
Meeting the expectations set out by IMO
What the regulations means for KCC’s CABU and CLEANBU vessels
Implications and expectations for the wider industry
About Sørheim: Sustainability and CO2 Performance Manager with KSM, working directly with KCC on topics such as energy efficiency, decarbonization initiatives and regulatory environmental compliance.
13 min