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Klaveness CEO accuses IMO's new CO2 rules of punishing efficient carriers

Efficient carriers will be punished if the IMO insists on measuring a ship's carbon intensity based on a the ship's maximum, potential cargo load and not the actual load transported, CEO of Norwegian Klaveness Combination Carriers tells ShippingWatch.

Photo: Klaveness Combination Carriers

Using the so-called 'Annual Efficiency Ratio' (AER) as a calculation method for CO2 intensity in shipping is complete nonsense, objects Engebret Dahm, CEO of Klaveness Combination Carriers.

According to the Norwegian chief executive, shipping companies that have already made environmental improvements and become more efficient will, in theory, be fined for the index.

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