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WSC proposes vessel emissions scheme
(Jan 29 2010)
The World Shipping Council and its members have proposed the development of a new global Vessel Efficiency System to the IMO and its member governments, with the aim of improving the carbon and fuel efficiency of the world’s fleet and reducing greenhouse gas emissions.
The proposal asks the IMO to apply vessel efficiency design standards to both new and existing vessels, with newly built vessels to be subject to mandatory efficiency standards requiring them to be built with features and technologies that further improve the energy efficiency of the vessels, to defined levels.
These standards are envisioned as being similar in nature to the fuel efficiency standards required of cars and trucks in many countries, and would also be tiered with higher standards required over time as technology developments allow further improvements.
Under the Vessel Efficiency System (VES) proposal, existing vessels would also be subject to improved efficiency standards, though these would be less aggressive in recognition of the fact that existing vessels have a more limited ability to improve efficiency. These standards would also be tiered over time.
Under the VES proposal, existing vessels that meet the established efficiency standards would operate free of any fees. Existing vessels that fail to meet the standards would be subject to a fee assessed for each ton of fuel consumed, deposited into a fund managed by the IMO.
The specific fee assessed would vary depending on how close the vessel was to meeting the standard, with the fees being higher for those vessels with the lowest efficiency.
As such, the proposed system would reward improved efficiency across the fleet and discourage the operation of the least efficient vessels.
A copy of the World Shipping Council’s proposal IMO to establish a Vessel Efficiency System can be obtained at: tinyurl.com/wsc-vesproposal.
A copy of the WSC’s paper to the IMO on emissions policy can be obtained at: tinyurl.com/wsc-vesproposal-2.
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