Incoming regulations for shipping could hit around two-thirds of the fleet as decarbonisation pressures intensify at a time when demand for vessels is also rising.
Panel moderator for the shipping session at the LNG World Summit & Awards Lloyd's Register gas technology segment manager Panayiotis Mitrou tackled the subject of the Carbon Intensity Indicator (CII) regulations. These come into force from 1 January 2023 and will measure the operational performance of vessels, becoming stricter over the years.