Carbon Intensity Indicator, How This Regulation Affect Your Ship Business

Carbon Intensity Indicator, How This Regulation Affect Your Ship Business

The International Maritime Organization’s (IMO’s) Carbon Intensity Indicator (CII) regime under the International Convention for the Prevention of Pollution from Ships (MARPOL) issued clauses to operate ships according to the new CII playing field. These clauses are designed to assist landlords and lessees to navigate contractually within the context of time charter parties. This is…