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GERMAN ANALYSTS SUGGEST 35% OF SHIPS WILL NOT MEET CII STANDARD

GERMAN ANALYSTS SUGGEST 35% OF SHIPS WILL NOT MEET CII STANDARD

Thursday, September 30, 2021 

German data analysis company Scope One has launched a new product, Ship Review, intended to enhance the transparency of ships environmental, sustainability and reliability/safety performance, and is said to be the first dedicated product to display Carbon Intensity Indicator (CII) ratings.

Ship Review includes independent ESG assessments of vessels, helping ship owners, operators and other industry stakeholders meet tighter emerging standards, comply with increasingly heavy regulatory requirements, and align with Paris Agreement and other climate targets while identifying the positive contributions towards the UN’s Sustainable Development Goals.

Scope Group MD Ralf Garm said: “With Ship Review, we are taking a unique product to the maritime industry. The product offers an independent evaluation to the maritime market to meet the needs and requirements of all participants in the maritime industry.”

The data used by Ship Review is derived from estimates of several carbon intensity indicators, including the Annual Efficiency Ratio (ARE), the Energy Efficiency Operational Indicator (EEOI) as well as total CO2 emitted in a year. Comparing the emissions of different ship types, ship management companies and specific voyages allows users to drill down and select alternatives that emit less CO2 per cargo carried. The CII measures ships’ operational efficiency in grams of CO2 emitted according to deadweight tonnage and nautical miles travelled and will be a core input into a ship’s annual ranking, which runs on a scale of A to E. Ship Review calculations include CII rating estimates for all applicable ship types, currently numbering more than 40.000 vessels, applying the IMO’s methodology and using certified monitoring, reporting and verification (MRV) data as well as data from satellites for distances sailed for more accuracy.

According to Ship Review data for 2020, only 18.8% of vessels have a CII rating of A; 21.8% have a B rating; 23.7% a C rating. By January 2023, ships that receive a D rating (13.9% against the 2020 baseline) for three successive years or an E rating (21.8% based on 2020 data) in any given year will need to implement remediation plans. This means that about 35% of vessels afloat risk being unable to achieve a satisfactory CII rating.

The analysis used for Ship Review is provided by Scope`s partner Green Mare Services (GMS), which specialises in processing information and developing scores for the OceanScore platform related to the emissions, sustainability- and reliability performance of the maritime industry.

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