INTERCARGO Urges IMO to Review Carbon Intensity Indicator Ahead of MEPC 82 Meeting

File Photo shows a bulk ship with containership in background
INTERCARGO is urging the IMO to review the Carbon Intensity Indicator system before MEPC 82, pointing out flaws in the current ratings. Their analysis, involving over 5,600 bulk carriers, highlights issues like idle time affecting ratings. This push for adjustments reflects the industry's commitment to reducing emissions and calls for more effective environmental regulations.
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The International Association of Dry Cargo Shipowners (INTERCARGO) has called for a review of the Carbon Intensity Indicator (CII) system by the International Maritime Organization (IMO) ahead of the 82nd session of the Marine Environment Protection Committee (MEPC 82). The CII system rates ships based on their carbon efficiency, with ships classified from A (best) to E (worst). INTERCARGO’s proposal, based on a study of over 5,600 bulk carriers, highlights issues with the current CII system, such as the impact of idle time on ratings and potential perverse incentives that could lead to increased emissions.

INTERCARGO’s Vice-Chair, Dimitris Monioudis, emphasized the thoroughness of their analysis, which was conducted in collaboration with major classification societies. The association’s Chairman, Dimitris Fafalios, expressed concerns about the unintended consequences of the current CII framework, suggesting that it may not effectively reduce overall emissions. To address these issues, INTERCARGO has proposed adjustments to the CII to better reflect a ship’s true energy efficiency and incentivize greenhouse gas emission reductions.

The call for review underscores the challenge the shipping industry faces in reducing its carbon footprint and the complexities of implementing effective environmental regulations. The outcome of the MEPC-82 meeting could significantly impact future maritime emissions control strategies. Stakeholders are looking to the IMO to make meaningful changes to the CII system to ensure it aligns with the industry’s ultimate goal of reducing emissions.

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