Page 17 - 2021 - Q3 - Minerva in Focus
P. 17

The technical and operational


           measures required to reduce


           the GHG intensity of shipping














                                                                                In 2018, the IMO adopted an Initial
                                                                                Strategy on the reduction of  GHG
                                                                                emissions from shipping, which sets
                                                                                out its key ambitions. These are:
                                                                                • Cutting annual greenhouse gas emis-
                                                                                sions from international shipping by
                                                                                at least 50% by 2050, compared with
                                                                                their level in 2008, and working towards
                                                                                phasing out GHG emissions from ship-
                                                                                ping entirely as soon as possible in this
                                                                                century
                                                                                • Reducing the carbon intensity of
                                                                                international shipping as an average
                                                                                across  international  shipping  by  at
                                                                                least 40% by 2030, pursuing efforts to-
                                                                                wards 70% by 2050, compared to 2008

                                             In line with its Initial Strategy, which  is due to be revised by 2023, the IMO’s Marine
                                             Environmental Protection Committee (MEPC 76) adopted amendments to MARPOL
                                             Annex VI at its last meeting in June 2021 concerning mandatory technical and oper-
                                             ational measures to reduce the carbon intensity of international shipping that refer
                                             mainly to the introduction of the Energy Efficiency Existing Ship Index (EEXI) and
                                             the implementation of the Carbon Intensity Indicator (CII), which includes a vessels’
                                             rating scheme (A to E), and an enhanced SEEMP with mandatory content, approval
                                             and subsequent audits.
                                             EEXI

                                             The EEXI imposes a requirement equivalent to the Energy Efficiency Design Index
                                             (EEDI) Phase 2 or 3 (with some adjustments) to all existing ships regardless of the
                                             year they were built, which will be a one-off certification. All Minerva’s vessels must
                                             comply with the EEXI no later than the first annual IAPP survey on or after 1 January
                                             2023. Within the context of compliance with the EEXI, the majority of Minerva’s ves-
                                             sels, in line with the rest of the industry, will have to limit their maximum main engine
                                             power by technical means. The latter is called Engine Power Limitation (EPL) and
                                             will be overridable and require the involvement of engine makers and classification
                                             societies.
                                             Overriding an EPL will only be permitted for the purpose of securing the safety of the
                                             ship. In that case, the ship will have to notify the Flag, Classification Society, and port
                                             authorities at the port of destination without any delay.
            An overview by Mike Servos       The EPL will directly impact the vessels’ trading speed since an upper limit in the area
            Energy and Environmental Manager,    of 12.5-13 knots will be imposed on some of them.
            Minerva Marine Inc.


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