During the MEPC 62 (July 2011), the IMO adopted the Energy efficiency design index for new ships which establishes an energy efficiency identity for all the new-built ships since 2013. The IMO utilises a specific formula that estimates the CO2…
Is an operational measure of how efficiently a vessel transports its cargo, essentially in grams of Co2 emitted by (i) cargo-carrying capacity and (ii) nautical mile. The CII calculation is essentially more straightforward, albeit more complex when it comes to…
The EEXI provides a framework for determining the efficiency of the design of a vessel by expressing its energy efficiency / emissions performance. EEXI regulation relates to existing ships, but each ship type has different factors to consider (the strictest…
The importance of these metrics relates to: The ENVIRONMENTAL side, because there are increasingly stringent requirements related to emissions from ships The SOCIAL point of view, for the areas of crew well-being, as well as health and safety on board,…
Is it time to reset commercial benchmarks? For instance, should demurrage even be done way with? Should any benefit in fuel consumption savings be shared between the Owner and the Charterer? Is it finally time to move away from NYPE…
Zero Carbon Emissions metrics. The IMO (International Maritime Organisation) has set a target for reducing annual GHG (greenhouse gas) emissions in shipping by at least 40% by 2030 and targeting a 70% reduction by 2050. The IMO, via its MEPC…
Digital Disruption (reference video streaming / Uber, as heavily disrupted segments) is a phrase used in the technology industry to invoke a fear factor amongst players that is not necessarily real. In shipping, digital disruption is not happening. Why? Is…
Drivers for digitalisation in shipping:(1) Decarbonisation is driving both regulatory as well as non-regulatory issues;(2) the Sea Cargo Charter and Poseidon Principles are equally a driver of digitalisation, together with the need to overcome supply chain inefficiencies;(3) there is a…
Ship-to-shore today has far greater visibility, as autonomous vessel adoption sets its sights on 2035 (common view), triggered by data now available onshore. Currently vessel data is drawn off by the office, where the mainstream decisions and optimisations are decided…
In eShip Newsletter 17 you will be able to: See eShip at Posidonia Shipping Week;Discover our new “Trends in Economic Development” about trend that eShip team learned at the “Lighthouse Lofoten Conference 2022”View that eShip project was mentioned at Revista Cargo;Check…