Joint Industry GHG Reduction Policy Statement
GHG industry policy statement
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ETS – Emission Scheme Surcharge Clause for Voyage Charter Parties 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.
Shipping industry unites to propose ambitious CO2 reduction objectives to global regulator
Four major international trade associations – BIMCO, INTERCARGO, International Chamber of Shipping (ICS) and INTERTANKO – have made a joint proposal to the IMO concerning ambitious CO2 reductions by the international shipping sector, which is responsible for transporting about 90% of global trade an... Please follow the link to continue reading.
ETS – Emission Scheme Surcharge or Transfer of Allowances Clause for COAs 2024
This clause is one from a suite of three clauses developed by the subcommittee for Contracts of Affreightment. 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 ETS – Emission... Please follow the link to continue reading.
Shipping industry urges governments to act on USD 5 billion decarbonisation fund
The shipping industry has welcomed the growing momentum for a USD 5 billion R&D Fund for shipping, but is calling on governments to act in line with their climate commitments and not waste more time in moving forward with decisive action to support the decarbonisation of the industry.
BIMCO publishes EEXI Transition Clause ahead of IMO efficiency regulation
New regulation from the International Maritime Organization (IMO), which will require existing ships to reduce carbon emissions, is due to enter into force in just under one year. As compliance will benefit to a large extent from co-operation between shipowners and charterers, BIMCO has developed a ... Please follow the link to continue reading.
Shipmanagers and owners ponder ETS contractual responsibilities
BIMCO explains more about its ETS clause for the SHIPMAN contract
IMO preparation for an initial strategy on reduction of GHG from ships.
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.
Norway, Sunndalsoera - Environmental Regulations
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BIMCO adopts new CII clause for Voyage Charter Parties
BIMCO adopts new CII clause for Voyage Charter Parties, addressing the latest IMO and EU shipping regulations and the industry's decarbonisation challenges.
