ShippingWatch Conference on Decarbonising Shipping
23 March 2023BIMCO's Deputy Secretary General, Lars Robert Pedersen, will be a speaker at the conference.
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BIMCO's Deputy Secretary General, Lars Robert Pedersen, will be a speaker at the conference.
In less than two months’ time, the shipping industry will for the first-time face emission taxes. For many in the market, the inclusion of shipping in the EU’s Emissions Trading Scheme (ETS) has been a ‘tomorrow problem’, but owners and charterers will soon be fixing voyages which are set to arrive in Europe after the 1st of January, and thus incur an offsetting requirement for the portion of the voyage which falls into the new year. The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.
The IMO’s Marine Environmental Protection Committee at its 81st Session adopted amendments to mandatory instruments and approved a series of measures in order to protect the marine environment- from emission control areas in Canada and Norway through to electronic ballast water record books. A summary of the approvals and adoptions is provided here.
BIMCO is encouraging shipowners to authorise their respective flag state administrations or recognised organisations to report their Energy Efficiency Design Index (EEDI) values for all applicable new ships in their fleet to the The International Maritime Organization (IMO).
China changes its ECA timeline again
Latest version of this clause is the 2020 Marine Fuel Sulphur Content Clause for Time Charter Parties .
The UN Ocean Conference sets the tone for understanding international priorities for ocean protection, a barometer of feeling towards industry and environmental priorities, and how shipping fits within the global context. From highlighting the BIMCO position on underwater radiated noise and conveying the need for harmonised regulation based on sound science – through to demonstrating the work being undertaken to address the plastic footprint of shipping we are committed to representing our members on the international stage.
BIMCO has developed a standard mandate for use when the parties to a ship management contract agree to give a mandate to an organisation or person to comply with obligations under the European Union Emission Trading System (ETS). The standard has been developed as an independent, supporting document to the freestanding ETS – SHIPMAN Emission Trading Scheme Allowances Clause 2023 and SHIPMAN 2024 .
BIMCO has launched a campaign to raise awareness and help support the removal of single-use plastic bottles from ships.
Last week, the European parliament voted to include emissions from shipping within the EU Emissions Trading System (ETS) by 2023, if there is no comparable IMO system in place by 2021. Weekly tanker market report by Gibson Shipbrokers.