HMM claims 99% of its vessels qualify under CII regulation

The South Korean shipping company claims 99% of its vessels are well-placed to keep their voyages under Carbon Intensity Indicator (CII) regulation.

PHOTO: A fully stocked cargo ship heading out to sea. Getty Images

Formerly known as Hyundai Marine Merchant, the company used a GHG data management tool from Korean Register (KR) to verify whether its ships will comply with CII regulation.

The result showed that 99% of HMM-owned vessels will achieve CII ratings between A to D. Only one bulk vessel operating in its fleet of 67 will likely be rated as E.

The International Maritime Organisation's (IMO) Carbon Intensity Indicator (CII) regulation came into effect for all cargo, RoPax and cruise vessels above 5,000 gross tonnage in January this year.

CII is a measure of how efficiently a ship transports goods or passengers. It is expressed in grams of CO2 emitted per mt of cargo and nautical mile. The ship is then rated annually based on five rating points (A, B, C, D, and E), indicating five benchmarks in performance levels – major superior, minor superior, moderate, minor inferior, and inferior. The first rating will be given next year.

“The efforts on slow-steaming and installing more efficient propellers have also contributed to enhancing energy efficiency,” the Seoul-headquartered company concluded.

By Aparupa Mazumder 

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