IMO Decarbonization Trajectory definition

IMO Decarbonization Trajectory means the standard decarbonization trajectories produced or to be produced (as the case may be) from time to time by the Secretariat of the Poseidon Principles for each ship type and size class, being a representation of how many grams of CO2 a single vessel can emit to move one tonne of goods one nautical mile (gCO2/tnm) over the relevant time horizon, and on any Delta Test Date the IMO Decarbonization Trajectory shall be the most recent standard decarbonization trajectory which is applicable to the relevant Delta Test Period. The IMO Decarbonization Trajectory measured with reference to average efficiency ratio for containerships as of the date hereof (and as may be updated from time to time) is as per below: Size (TEU) 2020 2021 2022 2023 2024 2025 2026 0-999 17.663577 17.194349 16.725121 16.255893 15.786665 15.317437 14.848209 1,000-1,999 15.480516 15.069280 14.658045 14.246809 13.835574 13.424338 13.013103 2,000-2,999 10.429868 10.152802 9.875735 9.598669 9.321602 9.044536 8.767469 3,000-4,999 8.677976 8.447448 8.216920 7.986392 7.755864 7.525336 7.294808 5,000-7,999 8.199880 7.982053 7.764225 7.546398 7.328570 7.110743 6.892915 8,000-11,999 6.982743 6.797249 6.611754 6.426260 6.240765 6.055270 5.869776 12,000-14,500 4.844465 4.715773 4.587082 4.458390 4.329698 4.201006 4.072314 > 14,500 4.844465 4.715773 4.587082 4.458390 4.329698 4.201006 4.072314
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IMO Decarbonization Trajectory means the standard decarbonization trajectories produced or to be produced (as the case may be) from time to time by the Secretariat of the Poseidon Principles for each ship type and size class, being a representation of how many grams of CO2 a single vessel can emit to move one tonne of goods one nautical mile (gCO2/tnm) over the relevant time horizon, and on any Delta Test Date the IMO Decarbonization Trajectory shall be the most recent standard decarbonization trajectory which is applicable to the relevant Delta Test Period. The IMO Decarbonization Trajectory for the period 2020 to 2026, measured with reference to average efficiency ratio for containerships as of the date hereof (and as may be updated from time to time) is as set forth on Schedule A-5.
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