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EEXI \ EPL Crunch Time

21/07/2023
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EEXI regulation came into effect on 01st January 2023. With first half of the year gone by, shipping companies are now approaching the crunch hour with impending IAPP surveys for their fleets. With our expertise, we are now catering to our clients who require EEXI technical files with quick turnaround, EPL/ShaPoLi installations & support for energy-saving devices.

During all this we have success fully assisted companies in improving their EEXI & EPL requirements with our greater grasp of the regulations & Class specific requirements. Not only this we have also help with in-service sea trials & CFD speed estimates of the reference speeds. We have received Class approvals from almost all the major IACS classes such as DNV, LR, NKK & Bureau Veritas, etc..
 
We are also assisting with the reviewing of EEXI technical files for various non-IACS Classification societies.
 
Till date we have processed close to 700 ships for EEXI.
 
Continuing this trajectory & trust from our clients for a long term decarbonization strategy/ alignment for future IMO regulatory requirements and we are now increasing our repertoire by providing support for EPL/ShaPoLi & Energy saving devices.

EPL/ShaPoLi are methods of Overridable power reduction of the ship which allow for a safe and easy method of reducing carbon emissions by restricting the ship from using its peak power. It is the mandatory method that needs to be adopted by the ship when its EEXI is above the requirement.

This  is  generally  provided  by  the  Engine  makers  themselves,  but  their  lead  time  from  order confirmation  to  installation  is  very  long,  varying  from  12  weeks  to  12  months.  Our  technical partners through their network of service engineers can provide these services to any ship in any port across the world within a lead time of just 3-2 weeks for EPL & 2 Months or so for ShaPoLi. The downside of EPL/ShaPoLi is that it will not allow the ship to go at higher speeds to meet contractual arrival times. Furthermore, even with the EPL, Ships still have a long way to go before achieving net zero carbon Emissions.
 
The big picture of IMO has always been to align the maritime industry with the United Nation’s sustainable   development   goals   (SDG).   EEXI,   CII   &   other   decarbonization   initiatives   are contributors towards SDG 13: Climate Action. To meet this goal with the existing fleet is to go for the  addition  of  one  or  more  Energy  Saving  Devices/  Energy  Efficiency  technologies (ESD/EET). These technologies/ devices improve the ship’s performance & reduce the ship’s fuel  requirements.  ESD/EETs  not  only  help  in  reducing  emissions,  but  they  also  reduce operational expenditure in terms of fuel costs.
 
For example, in a 40K DWT tanker, we observed a Fuel of 4-3MT per day after a retrofit of PBCF & hull painting. In money terms, it means a saving of $1500 to $1900 per day in fuel costs.

In conclusion, given the complex regulations in place and the continuing trend of increasing stringency in regulations relating to GHG emissions, Verifavia can be your reliable partner in strategizing your organization’s GHG goals in a cost-effective manner.

- P. B. Shashi Bhushan, Naval Architect, Technical Expert Back to all Verifavia Shipping News
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