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.
FuelEU Maritime Clause for SHIPMAN is now available.
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.
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.
CII clause adopted by BIMCO's documentary committee
The BIMCO documentary committee has adopted CII operations clause for time charter parties
BIMCO Requisition Clause Should the Vessel be requisitioned by the government of the Vessel's flag during the period of this Charter Party, the Vessel shall be deemed to be off-hire during the period of such requisition, and any hire paid by the said government in respect of such requisition period... Please follow the link to continue reading.
The purpose of the Electronic Signature Clause 2021 is to enable the parties to a contract to sign the contract, and any documents to be signed in connection with it, electronically. The clause can be used in any type of contract.
The purpose of the BIMCO Contract Authenticity Clause is to encourage parties issuing contracts based on a BIMCO form to agree to use one obtained from an authorised source (such as SmartCon).
This clause addresses force majeure events occurring under contracts used by the shipping industry that affects the performance of the parties. It is a model clause that should be carefully reviewed by the parties and adapted as required to fit the context of the type of contract it is used in.
