The €2.8 billion NeuConnect project, the first ever energy link between the UK and Germany, has reached financial close, allowing work to begin later this year.
Prior to any efficiency modifications, more than 75% of the fleet — bulkers, tankers and containerships — will not be compliant with the Energy Efficiency Existing Index (EEXI) that will enter into force in 2023, according to Joey Daly, Cargo Analyst at VesselsValue.
