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CII is approaching fast. From 1 January 2023, ships of 5000 GT and above must calculate their “required annual operational CII” which is the target value of attained operational CII equivalent to the mid point of the rating “C”. In this 15+15 webinar, BIMCO’s Deputy Secretary General, Lars Robert Pedersen, explained the situation,
The sanctions landscape has grown increasingly complex. International sanctions regimes are constantly changing with new restrictions being added and new persons and entities being listed. A violation of sanctions restrictions can have severe consequences and in the worst cases can lead to parties being listed as sanctioned parties. Therefore, carefully worded sanctions clauses in contracts of affreightment are vital for internationally trading companies to help them manage and mitigate their sanctions risk and to enable them to continue to do business while remaining compliant with the various sanctions regimes.
The NATO Shipping Centre maintains a 24/7/365 oversight of security developments in the Euro-Atlantic area, the Mediterranean Sea, and the Black Sea. Shipowners are reminded of the Voluntary Reporting Scheme for the Mediterranean Sea.
The sanctions landscape has grown increasingly complex since BIMCO published its Sanctions Clause for Time Charter Parties in 2010. International sanctions regimes are constantly changing with new restrictions being added and new persons and entities being listed. A violation of sanctions restrictions can have severe consequences and in the worst cases can lead to parties being listed as sanctioned parties. Therefore, carefully worded sanctions clauses in charter parties and other contracts are vital for internationally trading companies to help them manage and mitigate their sanctions risk and to enable them to continue to do business while remaining compliant with the various sanctions regimes. This clause is intended for use in all trades except for container trades. A separate sanctions clause for the container trades is under development. This clause was published on 19 December 2019. It replaces the Sanctions Clause for Time Charter Parties 2010 and the Designated Entities Clause for Charter Parties 2013 (which have been combined to make a new single clause for ease of incorporation).
In recent years, employing Security Escort Vessels has become increasingly the norm for shipping operations in waters off Nigeria. In this 15+15 webinar, BIMCO’s Head of Maritime Safety & Security, Jakob P. Larsen, discusses the Nigerian concept for Security Escort Vessels in more detail.
Following on from our recent 15+15 webinar " Navigating EU ETS in contracts " which provided an overview of the available BIMCO clauses on emission trading schemes and how to understand the difference between various contractual solutions (you can watch the recording here ). This 15+15 webinar will look at the status of the three first months with EU ETS clauses - and what is ahead with BIMCO's Deputy Secretary General, Stinne Taiger Ivø. Find out more about BIMCO's four ETS Clauses Want to learn more about the European Union Emissions Trading Scheme (EU ETS) and how it affects the operation of ships trading to EU ports? Register for one of our online training courses .
To mark the International Day of the Seafarer we are holding this 15+15 webinar to shed light on that psychological safety can reduce risks and accidents in the shipping industry. Charles Watkins, CEO and Maritime Clinical Psychologist at Mental Health Support Solutions will touch upon psychological safety linking it to the reduction of risk and accidents. Leadership and a blame-free environment can improve recognition of potential dangers before they occur. Elements of psychological safety, like caring and transparency, can improve safety culture.
One key end-user market for clean ammonia is the shipping industry. Yara Clean Ammonia (YCA) together with other first movers are investing in clean ammonia shipping related projects and looking to begin bunkering operations from 2025-2026 onwards. Learn more about obstacles, pitfalls and opportunities and ask your questions when Natalie Gupta, Director Bunkering Value Chain Partnerships at Yara Clean Ammonia will share her insight at this 15+15 webinar.
