ENERGY EFFICIENCY EXISTING SHIP INDEX – EEXI
WHAT IS EEXI?
The IMO has established new requirements to ensure vessels 400 Gross Tonnage and above comply with the Energy Efficiency Existing Ship Index (EEXI) and the Carbon Intensity Indicator (CII) regulations entering into force on January 1, 2023. Shipowners need to assess their fleets’ EEXI and CII compliance which must be completed by 1 November 2022. The CII is applicable to vessels with 5000 Gross Tonnage and above, and is based on fuel consumption data over a one-year period and the IMO final CII measure should be approved at MEPC 78 in June 2022.
EEXI applies to all self-propelled vessels 400 Gross Tonnage and above as described and engaged in international voyages subject to Marpol Annex V1.