Horizon Blog

International Maritime Organization (IMO) 2023

Written by Karl Francisco | Jun 16, 2022 5:36:32 PM

IMO 2023 is just around the corner!

After implementing a sulfur fuel regulation in 2020, the IMO (International Maritime Organization) will be introducing what is now known as “IMO 2023” to further reduce ocean shipping’s carbon emissions.

This new regulation is part of the initial IMO Greenhouse Gas (GHG) Strategy, which aims to reduce the carbon intensity of international shipping by 40% by 2030, and by 70% by 2050 compared with a 2008 baseline level.

IMO 2023 is a technical and operational approach adopting two new measures: the Energy Efficiency Existing Ship Index (EEXI) and the Carbon Intensity Indicator (CII) rating scheme.

Download our flyer to learn more about EEXI and CII and their potential impact on supply chains.