BIMCO Search Results

ETS – Emission Scheme Transfer of Actual Allowances Clause for COAs 2024

This clause is one from a suite of three clauses developed by the subcommittee for Contracts of Affreightment (COAs). 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 – E... Please follow the link to continue reading.

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.

Macro environment

Houthis have continued to attack ships in the Red Sea and the Gulf of Aden. At the time of writing, 62 ships have been attacked and the ship capacity transitting the Suez Canal is 90% lower than last year. The combined volume via the Suez Canal and the Cape of Good Hope is, however, on par with last... 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.

Macro environment

Houthi attacks on ships in the Red Sea continue and many shipowners therefore continue to avoid the area. As no resolution to the conflict is in sight, we assume that the attacks may impact shipping throughout 2024 and that ships may be able to return to normal routings in 2025. According to the In... Please follow the link to continue reading.