Shipping software platform SHIPNEXT has developed its own version of the IMO’s Carbon Intensity Indicator (CII) rating system taking the actual cargo quantity and the intended voyage into account when calculating scores, which it says can provide a more accurate picture of vessel emissions.
The SHIPNEXT Voyage Emission Index (SVEI) is based on the individual technical parameters of the vessel, including its speed, consumption and intake, and has been designed for vessels carrying breakbulk, dry bulk, heavy and oversized shipments.
SVEI considers the ship’s fuel consumption at sea as a reflection of the work of the particular vessel. Fuel consumption in the port is ignored, as the company says that such consumption is comparable for most ships and the time of loading and discharging is determined mainly by technology at the port, not by the technical capabilities of the vessel.
“The major problem with the existing IMO guidelines is that they do not take into consideration the cargo actually being carried on a voyage. When you do so, the emissions profile of a given voyage changes completely,” said Alexander Varvarenko, CEO and founder of SHIPNEXT.
“Our approach stimulates owners to manage their vessels more efficiently with fewer ballast runs, while also continuing to follow all the other existing emissions indexes that are imposed on them around vessel construction.”
“There has to be logic to how shipping lines are taxed for their emissions. What we are proposing is a fair and reasonable approach during the transition to cleaner shipping, which allows both shippers and carriers to share the costs.”
SHIPNEXT says that its modelling can demonstrate how an older, higher emitting ship, if managed properly and laden to full capacity, could prove to be the ‘greener’ option when compared to a more modern ship that’s producing more carbon dioxide because it is on a longer voyage.
