Geneva-based Mediterranean Shipping Co (MSC), the world’s top liner company, said that the upcoming International Maritime Organization’s Carbon Intensity Indicator (CII) regulations will absorb about 7% to 10% of capacity across the global container fleet, covering multiple shipping lines.
The company, which joins a growing chorus calling for an operational indicator that rewards more productive ships, said the calculation on how CII will affect capacity is based on expectations of how vessels will be deployed to meet both the needs of customers and the required CII standards.