Reducing Shipping Greenhouse Gas Emissions Guidance Announced By The ICS

12th November 2024

The International Chamber of Shipping (ICS) has released an updated guide focused on reducing greenhouse gas (GHG) emissions from ships. As one of the largest global transportation sectors, shipping faces significant regulatory hurdles in meeting international GHG reduction targets. This new edition consolidates complex regulations, offering a thorough overview that aids compliance with the 2021 amendments to MARPOL Annex VI, the revised 2023 IMO GHG Strategy, and the newly implemented EU Emissions Trading System (EU ETS).

The EU ETS, applicable to international shipping as of early 2024, requires shipping companies to surrender EU allowances by 2025. The guide introduces an exclusive chapter detailing the application of EU ETS to vessels operating in and out of the EU. Readers can gain insights into:

• The obligations of shipping companies under the EU ETS
• Coverage specifics for voyages
• Requirements for emissions monitoring plans
• Allowance calculations and more

The guide also explores the link between reducing underwater radiated noise (URN) and GHG emissions, featuring an appendix with around 100 reduction strategies. Reducing Greenhouse Gas Emissions: A Guide to International Regulatory Compliance clearly outlines current IMO regulations, including the Energy Efficiency Design Index (EEDI) for new vessels, the Energy Efficiency Existing Ship Index (EEXI), Carbon Intensity Indicators (CII), and the submission of Ship Energy Efficiency Management Plans (SEEMPs).

Chris Waddington, ICS Technical Director and contributor, noted: “This updated edition arrives at a pivotal moment for the maritime sector. The new EU ETS chapter tackles one of the most complex and pressing regulatory challenges today, clarifying its current application and impact on global shipping.”

Waddington highlighted: “We are particularly enthusiastic about the section linking GHG reduction with URN measures, showing how emission reduction efforts can yield additional benefits, such as mitigating underwater noise pollution.”

The guide comprehensively covers maritime emissions, spanning current regulations to future expectations. It simplifies complex topics into accessible segments, serving as an essential resource for maritime professionals.

“With this clear and detailed guide, we aim to enhance understanding and promote more effective action throughout the industry,” Waddington added. “Special attention has been given to the tanker sector, which faces particularly intricate CII regulations. This guide provides key insights for boosting environmental performance while staying competitive.”

Protea has a complete Marine Emissions section at https://www.protea.ltd.uk/marine which focuses on the need to demonstrate environmental responsibility which is key for today’s marine and offshore industries.

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