Lloyd’s Register warns that the industry is in transition with the immediate challenge for shipowners being to manage the complexity and risk around the new EEXI (Energy Efficiency Existing Ship Index) regulation. Action to understand the impact of EEXI and the cost-effective compliance options available is “essential” in order to continue trading internationally, it says.
Vessels impacted by EEXI must demonstrate compliance by their next survey – annual, intermediate or renewal – for the International Air Pollution Prevention Certificate (IAPPC), or the initial survey before the ship enters service for the International Energy Efficiency Certificate (IEEC) to be issued, whichever is the first on or after 1 January 2023.
LR says that for those that haven’t already done so, now is the time to complete EEXI and improvement calculations. But getting the calculations and technical file completed “is just the first step in carbon reduction” since shipowners also have to consider potential improvements or modifications they need to make.
From 1 January 2023, all ships of 5,000 GT and above must have a verified Ship Energy Efficiency Management Plan, or SEEMP Part III, on board to document how their vessel plans to achieve its Carbon Intensity Indicator (CII) targets. The plan must include a description of how the vessel will operate and maintain its fuel efficiency throughout the year in line with its overall objective of reducing CO2 emissions.
With deadlines fast approaching, Lloyd’s Register says its global team of technical experts stand ready to help clients understand the impact of EEXI and the cost-effective compliance options available. By way of guidance, a number of resources are already downloadable on its website.