According to Danish Ship Finance (DSF), the IMO’s Carbon Intensity Indicator (CII) which became effective this year is a “failed market mechanism” that should be replaced by a voyage index that will give shippers more transparency.
In a recent press briefing, IMO secretary general Kitack Lim said that the collaboration between stakeholders is to be ramped up with round tables to discuss the future direction of IMO policy.
One of the key elements of the IMO’s decarbonisation plans remains CII, but...
https://container-news.com/imos-cii-a-failed-market-mechanism-should-be-replaced-says-dsf/