The International Maritime Organization, UN’s global regulatory body for shipping, will soon introduce its first set of emission regulations despite controversies surrounding its Carbon Intensity Indicator which comes into force in 2023. From January 2023, companies operating ships of 5,000 gross tons or more will need to collect voyage and fuel consumption data to calculate the carbon intensity of their…
Commodities 2023: IMO to bring carbon intensity rules online despite ongoing CII controversies
The International Maritime Organization, UN’s global regulatory body for shipping, will soon introduce its first set of emission regulations despite controversies surrounding its Carbon Intensity Indicator which comes into force in 2023. From January 2023, companies operating ships of 5,000 gross tons or more will need to collect voyage and fuel consumption data to calculate the carbon intensity of their…
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