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BIMCO’s analysis shows significant geographical differences when it comes to VLSFO sulphur compliance and ISO 8217 quality problems

14 September 2022

BIMCO, together with the other industry organisations, acquired data on all commercial fuel samples tested by Veritas Petroleum Services (VPS) during 2020. This VPS data clearly shows the geographical differences between the standard of the fuels delivered to ships. Europe and the US seem to have the poorest performance. This is both in relation to sulphur compliance which may lead to increased air pollution, and ISO 8217 quality parameters, which may impact the safety of ships. BIMCO is providing IMO with data on very low sulphur fuel oil (VLSFO) sulphur compliance and ISO 8217 fuel quality problems. The submissions include an invitation to countries to consider implementing and enforcing a licensing scheme for bunker suppliers operating within their jurisdiction. Such a measure should help combat the high level of problems in some of the poorer performing geographical regions.

BIMCO adopts 2020 bunker clauses

13 November 2018

BIMCO has developed two 2020 bunker clauses that deal with general compliance and the transitional period for an early December release.

LNG Bunker Operational Clause for Time Charter Parties

07 December 2023

In 2021 BIMCO initiated a project to develop a suite of LNG fuel clauses for time charter parties. The number of LNG fuelled ships in operation is growing steadily and the suite reflects the need to have bespoke clauses in time charters for these ships. The LNG clauses cover matters related to the LNG quality, delivery/redelivery, gas-freeing and cooling down and an operational clause. For dual-fuel ships the clauses are intended to be used together with the existing BIMCO bunker clauses for conventional fuel oils. The current suite of LNG fuel clauses for use in time charter parties also consists of: LNG Fuel Delivery Clause LNG Fuel Gas freeing and Cool down Clause LNG Fuel Quality Clause

Bunker prices by Mabux

27 February 2023

BIMCO members can check bunker prices for 43 ports provided by MABUX and updated daily, covering 380cSt, VLS FO and MGO LS fuel measured in USD per metric tonne.