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Trafigura implores IMO to change CII rule

The IMO should focus on the Energy Efficiency Operational Indicator rather than the Annual Efficiency Ratio in the CII rating calculation, says Trafigura. Other owners and operators have expressed similar views

The International Maritime Organization’s Carbon Intensity Indicator and resultant BIMCO clause are ‘not fit for purpose’ for both dry and wet cargoes, which could lead to ‘big problems and slow down negotiations’, says commodity trading giant’s head of tankers Andrea Olivi

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