WHITEPAPER
How are CII and EEXI efficiency regulations influencing a strong bulk market?
From 2021-2023, CO2 emissions across bulk carriers have declined by 2.5%
Additionally, bulkers have seen an increase in vessels achieving A and B ratings during this time period. While the reasons for this are complex, the enforcement of CII and EEXI efficiency regulations have likely to have had an impact on this improvement.
Valuation Analyst Oliver Kirkham takes a look at historical data on vessel efficiency, pulled from our VesselsValue platform, to see how operational efficiency has changed since CII and EEXI went into effect.
In this whitepaper, you will learn:
- How CII ratings across bulk carriers have evolved since 2019
- How the relationship between distance, time underway, and speed can contribute to greater energy efficiency
- Why Engine Power Limitation (EPL) devices are critical to maintaining EEXI compliance
Fill out the form to read the full analysis.
“Strong market conditions ,where demand is healthy and freight rates are strong, are not typically conducive to fuel efficiency when voyage speed and capacity become important factors.”
Oliver Kirkham, Valuation Analyst, Veson Nautical
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