Possibilities of Fulfillment and Consequences of Introducing the Carbon Intensity Indicator in International Shipping

Abstract

Maritime transport contributes to stimulating the development of civilisation. According to the European Environment Agency, around 1/4 of the total CO2 emissions in the EU in 2019 came from the transport sector, of which 71.7% were from road transport. The share of CO2 emissions from maritime transport is estimated to be about 3% of the world's. In terms of energy demand for moving a specific load over a specific distance, it is currently the cheapest form of transport. The International Maritime Organization's activities aim to reduce the environmental impact of this form of transport. The article discusses the expected effects of the regulations introduced until 2023. Regulations have a significant impact on the increase in transport costs. There may be far-reaching changes in the shipping market that have an indirect (rather unintended) effect due to the introduced regulations. "Side effects" can be very severe, especially for shipowners with a small number of ships. The article attempts to draw attention to such threats.