BIMCO Search Results

Documentary Committee to focus on carbon clauses at February gathering

BIMCO’s approval body for contracts and clauses will meet online on 23 February. The development of a series of carbon clauses is high on the Committee’s agenda. An Emissions Trading System Allowances (ETSA) Clause for time charters is up for adoption and the Committee will also be asked to review a... Please follow the link to continue reading.

BACKGROUND

Emission trading systems (ETS) are “cap and trade” schemes that permit the emission of greenhouse gases in exchange for allowances. Over time the quantity of allowances available to industry are reduced as an incentive to reduce emissions through increased efficiency and the use of alternative fuels... Please follow the link to continue reading.

Efficiency drive

In the December 2020/January 2021 issue of Bunkerspot, BIMCO’s Deputy Secretary General Lars Robert Pedersen considers what the new MARPOL Annex VI amendments on ships’ operational efficiency will mean for the industry. Read the article below: