IMO Agreement on CO2 Technical Rules

In July 2012, governments at IMO agreed a comprehensive package of technical regulations for
reducing shipping’s CO2 emissions which will enter into force in January 2013. The amendments to the
MARPOL Convention (Annex VI) include:

•A system of energy efficiency design indexing for new ships (similar in concept to the ratings applied to
cars and electrical appliances). The IMO EEDI will lead to approximately 25-30% emission reductions by 2030 compared to ‘business as usual’.

•A template for a Ship Energy Efficiency Management Plan (SEEMP) for use by all ships. The SEEMP allows companies and ships to monitor and improve performance with regard to various factors that may
contribute to CO2 emissions. These include, inter alia: improved voyage planning; speed management;
weather routeing; optimising engine power, use of rudders and propellers; hull maintenance and use of
different fuel types.