ESL Shipping is fully prepared to meet the challenges of upcoming regulations that have a significant impact on the shipping industry. We have taken proactive measures to comply with regulations such as the Carbon Intensity Indicator (CII) and EU Emission Trading system.
Currently, the CO2-emissions of our vessels are reported to two different systems: the EU-led Monitoring, Reporting, and Verification (MRV) system and the international, International Maritime Organization-led Data Collection System (DCS). More information about the reporting systems is available on our website.
Carbon Intensity Indicator (CII)
CII measures the efficiency of a ship's transportation of goods by evaluating the grams of CO2 emitted per cargo-carrying capacity and nautical mile. Every vessel is assigned a rating ranging from A to E, and it is mandatory for all vessels to achieve at least a C-level rating. Should a vessel fall below this threshold, the owner must present an approved corrective action plan. It is important to note that these rating thresholds will become increasingly stringent as we approach the year 2030.
Our internal reporting system calculates the CII-rating for each of our vessels, taking into consideration the ice trade deduction where applicable. We are proud to announce that our vessels, including the ecosmart Viikki and Haaga, have achieved the highest A-class rating.
Energy Efficiency Existing Ship Index (EEXI)
While CII is based on the actual operational figures, Energy Efficiency Existing Ship Index (EEXI) is a theoretical value which measures vessels CO2-emissions per transport work based on vessel’s design parameters (size and service speed) and is similar to Energy Efficiency Design Index (EEDI) for new ships. Mandatory from 2023 onwards, calculated EEXI is then compared to the reference line defined by the International Maritime Organization (IMO) and if the value is below the reference line, the vessel is compliant. For vessels that do not meet the standard level, measures to improve fuel efficiency such as engine output restrictions and additional energy-saving devices are required.
Track your emissions in Customer Portal
To ensure transparency and help our stakeholders stay informed, we offer our contract customers access to the Customer Portal, which provides an easy way for customers to understand the carbon footprint of their shipments. In the portal, customers can track their emissions and cargo volumes, all in one place. Data can be exported for further analysis, too.
In addition, we have compiled comprehensive information about the upcoming regulations on our website. Our dedicated team is also readily available to address any further questions or concerns you may have.
For more information, please contact:
Kirsi Ylärinne
Operations & Environmental Director
tel. +358 9 521 9990, firstname.lastname@eslshipping.com
