The Union of Greek Shipowners (UGS) is throwing its weight behind calls for amendments to the IMO’s Carbon Intensity Indicator (CII), which entered into force this year.

Given the shortcomings of the gauge, it is good that ships that fail to comply with it will not be punished during the transitional period until 2026, when it is set to be revised, UGS president Melina Travlos said on Thursday during the union’s annual general assembly.