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BIMCO launches initiatives to address shipping’s plastic footprint

17 June 2021

With discussions at the International Maritime Organization’s (IMO) Marine Environment Protection Committee (MEPC) meeting (held 10 to 17 June 2021) on sea-based sources of marine plastic delayed until the end of the year, BIMCO is looking at what the shipping industry can to do reduce its plastic footprint to ensure momentum is not lost in the absence of formal discussions at the IMO.

Tanker market report 21 May 2021

25 May 2021

In September last year the European Parliament voted for the inclusion of greenhouse gas (GHG) emissions from ships over 5,000 gross tonnes in the emissions trading system (EU ETS) by 1 January 2022. The weekly tanker market report by Gibson Shipbrokers features an overview of the crude oil and oil product tanker market.

BIMCO and RINA propose method to calculate energy efficiency of existing ships

10 March 2021

BIMCO and the Royal Institution of Naval Architects (RINA) have identified a need for – and therefore proposed - an alternative method to determine an accurate reference speed in connection with a carbon reduction framework currently under development by the International Maritime Organization (IMO). The aim is to secure that older ships also can obtain a reliable energy efficient design index (for existing ships), even if the original sea trial data from when the ship was delivered, is lost.

Industry backs United Nations $5 billion "moon-shot" programme to decarbonise shipping

10 March 2021

Responding to the UN Secretary-General’s call for “urgency and ambition” on climate change, the entire global shipping industry is giving “full and unequivocal” backing to a moon-shot proposal submitted by governments, to catalyse the complete decarbonisation of maritime transport by deployment at scale of zero-carbon ships within a decade.

Shipping industry urges Governments to take forward USD 5 billion proposal to accelerate the decarbonisation of maritime transport

16 November 2020

Copenhagen/London/Washington, November 13, 2020 – As governments come together at the UN International Maritime Organization (IMO) to consider important next steps to decarbonise maritime transport, the global shipping industry urgently calls on them to take forward its proposal for an industry-financed, USD 5 billion research and development programme, to catalyse the transformation of the industry from dependence on fossil fuels to operating with zero-carbon energy sources.