Charterers’ Role in Real-Time Emissions Management Challenges

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  • Charterers, affected by EU ETS and CII changes, now require real-time emissions data to prevent overpayments.
  • Collaboration between shipowners and charterers is crucial, supported by tools like Yara Marine Technologies’ Fleet Analytics and FuelOpt, ensuring optimized vessel efficiency and emissions reduction.

Charterer Responsibilities

In the advent of carbon pricing in the maritime industry through the EU’s Emissions Trading System (ETS) in 2024, charterers face an imperative need for clear visibility into emissions performance to fulfill contractual obligations.
While annualized reporting of emissions becomes mandatory at ship and fleet levels, the real challenge under these rules lies in the ‘polluter pays’ principle, demanding entities assuming fuel purchase or ship operation responsibilities to cover voyage emissions costs, a shift notably affecting time or bareboat charter arrangements.
This regulatory shift, coupled with the International Maritime Organization’s (IMO) Carbon Intensity Indicator (CII), marks a significant redefinition of charterer responsibilities.

Emission Visibility

The shift in emissions responsibility toward charterers under CII and EU ETS signifies a profound change in their relationship with ship owners.

Despite acknowledging flaws in the current CII, recognizing charterers’ increased responsibility highlights the need for collaborative efforts in technology deployment to manage emissions, fostering a win-win scenario between ship owners and charterers.

Workload Alleviation

Efficient sailing shouldn’t burden the crew, highlighting the need for automated elements that reduce workload. Yara Marine Technologies emphasizes the crucial role of trust in digital systems for crew adoption, aiming to support vessel efficiency while ensuring a positive impact on crew workload.

Their integrated solutions, FuelOpt and Fleet Analytics, offer versatile, transferable benefits regardless of vessel or fuel type, promoting sustainability for shipowners and charterers by retrofitting existing vessels and enhancing the operational range of compliant vessels.

FuelOpt utilizes Fleet Analytics data to automate fuel use, reducing the crew’s need for constant propulsion adjustments and enabling control of key efficiency parameters from the bridge.

Collaborative Responsibility

The integration of vessel management and propulsion automation ensures optimized performance, reducing emissions and costs amid fuel market challenges.

With EU ETS and CII highlighting emission costs, real-time emissions tools become essential.

Charterers play a crucial role in demanding vessels equipped for collaborative emissions practices, crucial for resilient supply chains on the path to net zero.

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Source: SeaTrade Maritime

9 COMMENTS

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