World News
Interferry Applauds Sector-Specific EEDI Approval
Trade association Interferry has said in an emailed press release that it applauds the decision taken last week at the International Maritime Organisation (IMO)'s Marine Environment Protection Committee (MEPC) for a sector-specific Energy Efficiency Design Index (EEDI) for new ro-ro cargo & ro-pax vessels.
"It is highly positive that a relatively small sector of the global shipping industry has been able to come together and provide the detailed technical expertise needed to demonstrate a feasible way forward," said Johan Roos, Interferry's executive director of European Union (EU) and IMO affairs.
The standard EEDI formula was agreed at MEPC 62 in 2011, but after short-sea operators argued it did not address their special power requirements, they were granted a two-year extension to develop a solution.
MEPC agreed to move forward with considering the sector-specific methodology in October, before the EEDI rules for tankers, bulk carriers, and container ships went into effect in January.
Under the new EEDI, fuel efficiency must improve by 5 percent over existing designs starting in 2016, by at least 20 percent in 2020 and by 30 percent or more from 2030.
"Future ro-ro and ro-pax designs will have to be extremely innovative and advanced to meet these strict reduction requirements," Roos said.
"But the MEPC 65 outcome is the best way to further improve the design and energy efficiency of new ferries while allowing them to remain competitive."
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 509.00 | 4.50 | 623.00 | 3.00 |
| Rotterdam | 463.00 | 7.00 | 623.50 | 2.00 |
| Houston | 471.50 | 4.50 | 627.50 | 3.50 |
| Fujairah | 501.00 | 4.50 | 714.00 | 1.00 |
| Global 20 Ports Average | 529.00 | 2.50 | 714.50 | 2.50 |
| Global 4 Ports Average | 486.00 | 3.00 | 647.00 | 2.50 |
| Global Average Bunker Price | 572.50 | 2.00 | 753.00 | 2.00 |
Popular Now More
-
Apr 28Failing to keep track of energy density variations could be costing shipping companies as much as $25/mt in fuel bills, Shipergy CEO Daniel Rose tells Ship & Bunker. -
Apr 28Gross profit from the marine segment was $35.7 million in Q1 2025, down from $48.4 million a year earlier. -
Apr 28The product is being produced at the company's 100,000 b/d Fujairah refinery, and the firm's ship the Elandra Falcon was the first to take on the new fuel at Fujairah.