Xeneta's CEI increases in Q42022 on Far East-US West Coast lane

The Carbon Emission Index (CEI) from the Far East to the U.S. West Coast rose in Q42022, reaching its highest level of the year of 96.2 but it remains below where it was in Q42021 (100.2), according to the latest update from Xeneta. Back then, the strong market conditions meant ships were speeding across the Pacific and getting stuck in congestion. The change in the queuing system to mitigate this congestion also led to ships sailing slower, thereby reducing CO2 emissions, the update said.