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As 1 January 2020 approaches and the sulphur regulation from the International Maritime Organization (IMO) comes into force, BIMCO is experiencing an increase in questions related to the discord between the verification produces for statutory fuel oil samples and commercial fuel oil samples. Here, BIMCO provides its interpretation on the discord.
The alternate fuel space is heating up with many options and variants cropping up under a myriad of colours. Among these options, some are considered short term contenders while some are better bets for the long term. In this 15+15 webinar Joshua Padeti , Senior Engineer from ABS' Houston Sustainability Center aims to provide clarity on the maturity status for the major contenders of alternative marine fuels. Options such as LNG, methanol, ammonia, biofuels, hydrogen etc. will be discussed and their variants green, blue, grey etc will be pitted against each other to estimate where the fuels are today and where they might be in the future. What fuels are the current contenders? How do fuel variants stack up against each other? Which fuel options should we on the lookout for?
The International Maritime Organization (IMO) has approved and published the revised guidelines for on board sampling for the verification of the sulphur content of the fuel oil used on board ships. Furthermore, guidance on verification procedures for fuel oil samples drawn in accordance with MARPOL Annex VI has also been released.
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 Bunker Operational Clause for Time Charter Parties LNG Fuel Delivery Clause LNG Fuel Gas freeing and Cool down Clause