WebMar 1, 2024 · The Poseidon principles and the Sea Cargo Charters are essentially frameworks for integrating climate considerations in shipping’s financial decisions. Financing a poorly CII rated ship would increase the … WebJan 26, 2024 · The world fleet of LNG carriers is expanding fast. A record 85 newbuilding contracts agreed at substantially higher prices in 2024 will boost today’s 610 deep sea trade LNG ships and we expect another year of record contracting in 2024. Ten more LNG carriers were ordered in the first few days of January, taking the orderbook up to more …
Influence Factors of Ship’s Carbon Intensity Indicator (CII) Rating
WebNov 17, 2024 · As the industry likely will be facing more regulations from the IMO and the EU aimed at reducing shipping’s CO2 emissions, the need for new contracts and clauses is increasing. The CII clause is the latest addition to BIMCO’s suite of carbon clauses for time charter parties. In December 2024, we published an EEXI Transition Clause and at ... WebNov 2, 2024 · The Shipping KPI system is the tool for you. Find out more. ... is currently considering the development of a CII clause for voyage charter parties but high priorities are also a CII clause for Contracts of Affreightment (COAs) and a voyage charter party clause to be used in the context of emission trading scheme allowances. small business loan rates 2023
Carbon Intensity Indicator - Lloyd
WebNov 11, 2024 · Option 3: increasing distance sailed (including ballast voyages). Option 4: reducing cargo intake. In the absence of tailor-made clauses, if shipowners were to unilaterally pursue any of these options to maintain and / or improve the ship's attained operational CII (and therefore CII rating), disputes could arise. WebAnswer: The Carbon Intensity Indicator (CII) is a measure of how efficiently a ship transports goods or passengers and is given in grams of CO2 emitted per cargo-carrying capacity and nautical mile. The ship is then given an annual rating ranging from A to E, whereby the rating thresholds will become increasingly stringent towards 2030. WebDec 14, 2024 · To meet its ambition of reducing the carbon intensity of international shipping by 40% by 2030, the IMO agreed in June 2024 on a set of short-term measures consisting of three main elements: EEXI: A technical measure for existing ships. A Carbon Intensity Indicator (CII) to determine the operational energy efficiency performance. some christmas traditions