8th April 2021
KR launches online EEXI/CII calculation program
Client news
Korean Register (KR) has developed a web-based EEXI/CII calculation program to help shipping companies comply with the Energy Efficiency Index (EEXI) and Carbon Intensity (CII) decarbonization regulations which will come into effect in 2023. The program uses KR’s extensive software development experience and offers a simple way to calculate each vessels compliance using basic key information.
The International Maritime Organization’s (IMO) 75th MEPC meeting announced the enforcement of more stringent decarbonisation regulations. Among them, the assignment of the Energy Efficiency Existing Ship Index (EEXI) and the Carbon Intensity Indicator (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), optimizing linear/vessel speed/navigation routes, installing energy saving devices or using alternative eco-friendly fuels.
KR has established a decarbonization taskforce to help shipping companies to stay compliant with the relevant regulations. The taskforce is also 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.
In this regard, KR has added a smart solution to the KR GEARs website, the greenhouse gas online data management software developed in 2019, which allows shipowners to pre-evaluate if their fleet is compliant with the EEXI/CII regulations.
Using the calculated results of the EEXI/CII calculation program, KR plans to provide further customized technical services enabling its shipping company clients to adopt the most beneficial countermeasures for their individual vessels, such as exactly how much engine power limitation and reduction in ship speed is required. It will also be possible to prepare the EEXI Technical File through the updated program. Furthermore, KR will support customers by providing a comprehensive guide for compliance with the decarbonization regulations, developing EEXI/CII response manuals and by running training seminars.
Mr. LEE Hyung-chul Chairman and CEO, Korean Register, said: “KR 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-fueled ships, and work to create carbon capture devices that support the competitiveness of the maritime industry, ensuring a sustainable future for all.”
The Web-based EEXI/CII Calculation Program is now available on the KR GEARs homepage, click here.
Click here to see KR’s video demonstrating how the EEXI pre-evaluation software works.
ENDS
Korean Register
The Korean Register (KR) was established in 1960 with the purpose of promoting safety of life, property and the protection of the marine environment. KR currently classes an international fleet of 3,050 vessels totaling 72 million GT. It is headquartered in Busan, South Korea with a network of 66 offices around the world. KR is authorized to perform statutory and certification services in 81 countries around the world.