China to release new domestic emission control area regulation
30 November 2018The Chinese Ministry of Transport (MOT) has passed a new domestic emission control area regulation from 1 January 2019 in their territorial waters.
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The Chinese Ministry of Transport (MOT) has passed a new domestic emission control area regulation from 1 January 2019 in their territorial waters.
This clause is one from a suite of three clauses developed by the subcommittee for the voyage charter party context. The objective was to provide industry stakeholders with the flexibility to choose a procedure suitable for their specific trade and business. You should consider whether this Emission Scheme Transfer of Allowances Clause for Voyage Charter Parties 2023 is the one best suited to your specific circumstances or whether the ETS - Emission Scheme Freight Clause for Voyage Charter Parties 2023 or ETS - Emission Scheme Surcharge Clause for Voyage Charter Parties 2023 would be more appropriate. As the title suggests, this ETS – Emission Scheme Transfer of Allowances Clause for Voyage Charter Parties 2023 deals with the transfer of emission allowances. The basis of the clause is that the voyage charterer will be the one transferring emission allowances to the owners for the voyage. The owners, as a matter of contract, then remain responsible for surrendering the appropriate number of emission allowances in accordance with the applicable Emission Scheme.
Shipowners are facing demands from multiple sides to enhance the green profile of vessels. Counting direct emissions (from fuel) has limitations and might not provide the complete picture of the emissions associated with operating a vessel. In this session, Rasmus Elsborg-Jensen is discussing the future need for voluntary emission reporting and what challenges this can bring when using the current framework.
“The IMO has done something no one has done before: set an absolute target for emission reductions for an entire industry. It is a landmark achievement in the effort to reduce emissions, and something that every other industry should look to for inspiration,” says Lars Robert Pedersen, BIMCO Deputy Secretary General and delegate at the IMO meeting.
Continuing our series of updates on documentary work, this week we will focus on Emission Trading Schemes (ETS).
Continuing our series of updates on documentary work, this week we will focus on Emission Trading Schemes (ETS).
BIMCO explaining the HME concept, its relation to the IMSBC Code and the discharge requirements of cargo residues of solid bulk cargoes.
BIMCO is concerned that the inclusion of shipping in the EU Emissions Trading System (ETS) will inhibit global action on reducing CO 2 emissions.
Several South Korean ports will have designated national sulphur emission control areas from midnight 1 September 2020.
With effect from 1 March 2018, MARPOL Annex V and the related guidelines were amended to effect changes relating to substances that are harmful to the marine environment and form of garbage record book.