Company News

Implementation of IMO 2023

Timeú║2023-5-30Postedú║Shenzhen LK International Logistics Company Limited

The implementation of IMO 2023 is set to make major changes. Through utilizing energy efficiency indicators such as the Energy Efficiency Existing Ship Index (EEXI), the Ship Energy Efficiency Management Plan (SEMP) and a vessel's Carbon Intensity Indicator (CII), commercial and non-commercial vessels are subject to a mandatory reduction in carbon emissions.  EEXI is a rating system that assesses the energy performance of existing ships based on energy consumption data and other key metrics such as speed, power and engine size. Non-compliant vessels that receive an EEXI rating below a certain threshold may be subject to IMO 2023 penalties and restrictions and need to make modifications to engines or systems.