EEOI stands for Energy Efficiency Operating Indicator.
Understanding EEOI
The Energy Efficiency Operating Indicator (EEOI) is a metric developed by the International Maritime Organization (IMO) to help shipowners measure the fuel efficiency of a ship during its operations. According to the IMO, it serves as a carbon intensity indicator (CII) and reflects the demand for transport work.
Key Characteristics of EEOI
Here's a breakdown of EEOI's key characteristics:
- Measurement of Fuel Efficiency: EEOI provides a way to quantify how efficiently a ship uses fuel while in operation.
- Carbon Intensity Indicator (CII): EEOI is a type of CII, meaning it helps assess the carbon footprint associated with the ship's operation.
- Reflects Transport Work Demand: The indicator takes into account the amount of transport work the ship performs, linking fuel consumption to actual output.
In simple terms, EEOI helps shipowners understand how much fuel is used to move cargo, providing insights into areas for improvement and more efficient operation.