Saturday, January 11, 2025

Energy Efficiency News

Energy Efficiency Indices: What You Need to Know

Figure 2 shows areas of high Newcastlemax activity. The red area in the North West Australia is centred on the port of Newcastle, the vessel type’s namesake. Source VesselsValue

Decarbonization is the greatest challenge facing the shipping industry today.The effort to reduce emissions and environmental impact extends to all sectors and players and will leave no one in the industry unaffected.The IMO’s effort to decarbonise shipping is a numbers game. The goal, as stipulated in the Initial IMO GHG Strategy, is to reduce the average CO2 emissions per transport work by at least 40% by 2030, compared to 2008 levels., and to pursue a 70% reduction by 2050.The introduction of the EEXI  is part of the IMO’s latest attempt to achieve this goal.

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