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BIMCO aiming to complete CII and ETS Clauses for publication in May

28 April 2022

Work continues apace to prepare two important carbon clauses for publication in May. The most of challenging of these tasks is the development of a CII Compliance Clause for Time Charter Parties. Technical, commercial and legal experts have been meeting weekly for many months to try to find a practical solution for owners and operators operating under the new CII regime. As of 2023, ships will enter an annually narrowing emissions “corridor” where owners and charterers will need to work closely together to ensure continuing compliance. The BIMCO CII Clause will need to balance the operational restrictions imposed on owners by the low carbon regime against allowing charterers to optimise the ship’s commercial activity during the charter period.

Introduction to Biofouling

23 January 2018

Biofouling is the accumulation of various aquatic organisms (microorganisms, plants, algae and animals) on submerged objects like ships’ hulls and can lead to the introduction of invasive aquatic species (IAS) into local marine environments.

Shipping industry needs to talk market-based measures

02 March 2021

BIMCO would like to encourage states and the industry to start a dialogue on how to create a global ruleset for market-based measures (MBM) to support the use of low carbon fuels and to create a level playing field for the industry.