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IMO’s CII draws flak for its complexity, threatens to stretch shipping fleet

January 7, 2023 Comments Off

The carbon intensity indicator, or CII, which saw its certification requirement come into effect Jan. 1, is already attracting skepticism from some maritime players due to its complications and will likely stretch the shipping fleet with potential upward pressure on freight rates, according to some industry sources. More shipowners will likely slow steam their ships to achieve a compliant CII…