To support the shipping industry's decarbonisation drive, the Baltic Exchange has calculated a set of indicative CO2 emissions figures and Energy Efficiency Operating Indicator (EEOI) reference values. These cover the standard Baltic vessels trading on the various routes for which we provide spot freight assessments.
Over time, it is hoped that this benchmark will provide the shipping industry with a valuable point of reference as the market seeks to factor in carbon emissions alongside charter rates. By understanding the variability in operating efficiencies across routes and size classes, owners and charterers will be able to take practical steps to minimise their carbon footprint.
At this stage, these figures have been calculated based on typical vessel and voyage characteristics. Members are encouraged to provide feedback and to provide their own findings and operating performance which the Baltic can then use to validate, maintain and update the index EEOI values.
Full details of the calculations used can be found here.
Please send any feedback to [email protected]