An insight into the new EEXI/CII regulations under a critical evaluation of their current/future limitations followed by the development of a practical model for CII monitoring
Master Thesis
Author
Chartomatzidis, Stefanos
Χαρτοματζίδης, Στέφανος
Date
2024-12View/ Open
Abstract
The recent IMO’s EEXI (technical) and CII (operational) measures implementation that aim to net zero carbon emissions by 2050, have forced a great number of ships to adopt different energy saving and power limitation technologies, mainly EPL and ShaPoLi, for achieving but most importantly demonstrate regulatory compliance.
In the meantime, as this study reveals through an extensive research, the impact of the regulations on the global fleet is already evident on the S&P and newbuilding activity but most importantly on the ship owner-charterers relationship which now needs to be redefined. Also, the current lack of alternative fuels as the ultimate solution for the CO2 emissions problem is challenging all stakeholders to mutually invest on transparent ship operations. Finally, the combination of this research findings with the CII calculation/forecasting model developed, fused with a full year’s high frequency sensors’ data, indicate that some revision may be highly essential for improving the current form the regulation.