CII is here to stay
News | BSM Highlights | Articles | Articles - 17 Oct 2023
CII is here to stay
The Carbon Intensity Indicator (CII) has been in force since January 2023. The rating system had been developed by the International Maritime Organization (IMO) to gradually reduce CO2 emissions from commercial ships. While the CII is due for review in 2025, we believe that shipowners should aim for top ratings right away, as the CII may not only influence the vessel sale and purchase market, but also develop into a key criterion for cargo owners when they select a vessel as a means of transport.