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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.
The updated Version 6 of the tanker industry standard questionnaire help charterers and owners to easily share data, speed up the vetting process, and ensure smarter pre-fixture decision-making.
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 .
The Intersessional Working Group on reduction of greenhouse gas (GHG) from shipping had its first online meeting this week to advance the work on short term measures in support of the International Maritime Organization’s (IMO) initial strategy on reduction of GHG from ships.
Using feedback and experience from members and the industry, BIMCO keeps all its clauses and contracts under review. We have subcommittees working on the following updates or new projects, or have reviews planned to start in the coming months.
BIMCO’s Secretary General & CEO, Angus Frew, will extend his contract to the end of 2022. His top priority in 2018 will be environmental legislation. Over the past four years, Frew has been instrumental in modernising BIMCO and in increasing its member-focus.
The latest BIMCO digital Bulletin is now available and is packed with great articles.
New solid bulk cargoes added to list for exemption from having a fixed fire-extinguishing system in the cargo spaces. See revised IMO circular.
The 79th meeting of the IMO Marine Environment Protection Committee (MEPC) took place from 12 to 16 December. Key decisions and discussions are highlighted.
