Korean Register rolls out environmental aids for maritime market

Shipping classification society the Korean Register has developed a new online program to help shipping companies comply with crucial forthcoming environmental regulations.

According to the Korean Register, the program will aid compliance with the Energy Efficiency Index (EEXI) and Carbon Intensity (CII) decarbonisation regulations which will come into effect in 2023, offering what it claims is a simple way to calculate each vessel’s compliance using basic key information.

The enforcement of more stringent decarbonisation regulations was announced at the International Maritime Organization’s (IMO) 75th MEPC meeting.

Among the is the assignment of the EEXI and the CII, which will be applied to existing ships from 2023, creating a significant challenge for the maritime industry.

To meet the regulations, shipowners will need to implement various countermeasures such as applying engine power limitation (EPL), optimising linear/vessel speed/navigation routes, installing energy saving devices or using alternative eco-friendly fuels.

Using the results of the EEXI/CII calculation program, the Korean Register plans to provide further customized technical services, such as exactly how much engine power limitation and reduction in ship speed is required.

It will also provide a comprehensive guide for compliance with the decarbonization regulations, developing EEXI/CII response manuals and by running training seminars.

In this respect, the Korean Register has also established a decarbonisation taskforce to help shipping companies remain compliant with the relevant regulations.

The taskforce is exploring technology for carbon neutral, alternative marine fuels such as hydrogen, methanol and ammonia, and providing industry stakeholders with key timely information for their fleet operations.

LEE Hyung-chul Chairman and CEO, Korean Register, said: “The Korean Register will actively help the shipping industry to address the challenges and find optimal solutions for EEXI and CII, the IMO’s short-term regulations on decarbonization. We will speed up the development of new technologies such as ammonia and hydrogen carbon neutral-fuelled ships, and work to create carbon capture devices that support the competitiveness of the maritime industry, ensuring a sustainable future for all.”