Page 40 - ΝΑΥΤΙΚΑ ΧΡΟΝΙΚΑ - MARTIOS 2023
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is no enforcement”. These are common
                                                                             criticisms but, in my view, perhaps
                                                                             premature ones. The regulation is an
                                                                             International Maritime Organization
                                                                             (IMO) instrument, a convention. Its
                                                                             enforcement, as is the case with all
                                                                             IMO instruments, lies with the IMO
                                                                             Member States. It is primarily the flag
                                                                             states that enforce IMO Conventions
                                                                             by implementing them in their national
                                                                             laws and applying them to the ships
                                                                             that fly their flags. In addition, there is
                                                                             a second layer of enforcement by the
                                                                             Port State Controls directed at foreign
                                                                             flagged ships. This is the way the whole
                                                                             system is built. 
                                                                             So, does the regulation have teeth, or
                                                                             not? Is there any “hard” enforcement?
                                                                             Any consequences? The answer is that
                                                                             there is no hard enforcement, yet, and
                                                                             with the CII framework in its current
                                                                             form, perhaps that is not a bad thing. At
                                                                             least for now. We must remember that
                                                                             commercial utilisation of a ship under
                                                                             the present CII framework will likely
                                                                             lead to a poorer rating by default. Once
                                                                             a ship starts calling at ports offloading
                                                                             or loading cargo while not moving, sit-
                                           that may not be commercially worth  ting at anchorages awaiting orders, or
                                           as much as a ship with a higher rating.   transporting cargo around the world,
                                           When looking closer at the CII, what it   the rating is by default negatively
                                           really reflects, however, is a combina-  affected. 
                                           tion of a certain degree of technical   This framework is flawed, there is no
                                           efficiency combined with the actual  doubt about that. But it is here to stay
                                           operation of the ship throughout the  and in its current form, now may not be
                                           previous year. We already have objective   the best time to call for rigid enforce-
                                           measures specifically for the technical   ment and consequences. Our industry
                                           efficiency of a ship: the EEXI and EEDI.   is embarking on new ways of doing
                                           Most ships are about to have a rating  business, a new way for shipowners and
                                           attached to them, and it is important to   charterers to work together. There are
                                           remember that the rating seen in isola-  most certainly teething problems but
                                           tion is not enough to conclude whether   with the will from everyone involved to
                                           a ship is inferior or not. The rating of the   do their part and co-operate, I believe
                                           ship likely says more about the trade it   our industry will be able to adapt to
                                           performed last year than whether it is   yet another regulation that at least
                                           inferior or not from a technical efficiency   intends to get us one step closer to
                                           standpoint.                       being greener.  
                                           Due to the nature of the CII framework,   In the meantime, BIMCO and others
                                           I believe we should be very careful   are busy working out a more suitable
                                           sticking an inferior label on ships based   CII metric and scope of application
                                           on their ratings. It seems fairer to say   to ensure that the rating of a ship is
                                           that we are labelling the trades that  underpinning the business imperative
                                           the ships performed the previous year  of the market actors. Hopefully, we
                                           rather than the ships themselves.   will be able to introduce the neces-
                                                                             sary changes during the review of the
                                           Is it even enforced?              CII framework to be completed before
                                           “The CII regulation has no teeth”. “There   1 January 2026. 


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