BIMCO Search Results

FuelEU Maritime Clause for SHIPMAN 2024

FuelEU Maritime has the potential to significantly impact the shipping industry, even more so than the EU Emissions Trading System (ETS), and may require stakeholders to take measures to align their contractual frameworks even before the regulation comes into force in 2025. This clause is designed f... Please follow the link to continue reading.

BACKGROUND

The FuelEU Maritime Regulation is a part of the EU’s “Fit for 55” package intended to fight climate change by reducing greenhouse gas emissions in shipping.  It aims to achieve a reduction in the EU’s net greenhouse gas emissions by at least 55% by 2030. It supplements the EU Emissions Trading Syste... Please follow the link to continue reading.

New BIMCO contract for CO2 transportation on the horizon

Article informing about the ongoing project to develop a time charter party for the transportation of CO2. Important in the context of decarbonisation as CO2 transport will be essential for future CCS projects (carbon capture and storage).

Shipping industry comments on EP vote on regional CO2 measures

Following today’s vote in the European Parliament, adopting a regional EU Regulation on the Monitoring, Reporting and Verification (MRV) of individual ship emissions of CO2, the International Chamber of Shipping (ICS), BIMCO and Intercargo have issued the following statement...

Shipping industry united in seeking further progress on CO2 at critical IMO meeting

In advance of next week’s critical meeting of the Marine Environment Protection Committee (MEPC 70) at the IMO in London, the global shipping industry has called on IMO Member States to give serious consideration to a joint industry submission regarding the need for further progress on addressing th... Please follow the link to continue reading.