Newly built vessels will be subject to mandatory fuel efficiency standards under the World Shipping Council's proposal. (Photo: DANAOS)
The World Shipping Council and its members have proposed a new global Vessel Efficiency System (VES) to the International Maritime Organisation (IMO) and its member governments. The system would improve the carbon and fuel efficiency of the world's fleet and cut greenhouse gas emissions.
The proposal is for the IMO to apply vessel efficiency design standards for all vessels, existing and new. Newly built ones would be subject to mandatory efficiency standards technologies that further improve energy efficiency to reach defined levels.
These standards would be similar to those required of cars and trucks in many countries and would also be tiered with higher standards required over time as technology developments allow for improvements.