BIMCO releases time charter clause for emissions trading schemes (ETS)
The Emissions Trading System Allowances (ETSA) Clause 2022 for Time Charter Parties is now available to download free of charge from BIMCO’s website.
The Emissions Trading System Allowances (ETSA) Clause 2022 for Time Charter Parties is now available to download free of charge from BIMCO’s website.
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BIMCO participated in the second workshop at IMO for the preparation of the initial strategy on reduction of greenhouse gas (GHG) emissions from ships last week in London.
BIMCO’s documentary experts have begun preparing charter party clauses to assist owners and charterers comply with complex new carbon regulations due to come into force in 2023.
This clause is one from a suite of three clauses developed by the subcommittee for the voyage charter party context. The objective was to provide industry stakeholders with the flexibility to choose a procedure suitable for their specific trade and business. You should consider whether this Emission... Please follow the link to continue reading.
BIMCO has proposed that the Fourth International Maritime Organization (IMO) Greenhouse Gas Study does not include unrealistically high gross domestic product (GDP) growth projections to predict future transport demand - and thereby emissions - of the shipping industry. The proposal has been made to... Please follow the link to continue reading.
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BIMCO takes the lead in developing contractual tools for the maritime industry's transition to greener practices, addressing alternative fuels and the FuelEU Maritime Regulation through the establishment of subcommittees.
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On 8 November, BIMCO is launching a new film, “No Turning Back”, the third in a series of films aimed at raising awareness about the shipping industry.