BIMCO's documentary work – update on Emission Trading Schemes
23 August 2023Continuing our series of updates on documentary work, this week we will focus on Emission Trading Schemes (ETS).
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Continuing our series of updates on documentary work, this week we will focus on Emission Trading Schemes (ETS).
BIMCO has launched its fourth industry film, calling for the urgent adoption of the Hong Kong International Convention for the safe and Environmentally Sound Recycling of Ships, and for ship owners to only choose yards that live up to the convention.
Continuing our series of updates on documentary work, this week we will focus on Emission Trading Schemes (ETS).
Get the latest insight and interviews in the latest edition of BIMCO’s Bulletin magazine.
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.
As the maritime sector moves towards a greener and more sustainable future, BIMCO remains at the forefront of this transformation addressing the issue of alternative fuels. BIMCO is developing robust contractual tools for the industry by establishing two new subcommittees to commence work on clauses to address the introduction of the FuelEU Maritime Regulation, use of biofuels, dual fuel and to produce new Methanol Bunker Terms.
Following the adoption of the 2023 Biofouling Guidelines, BIMCO and ICS in consultation with industry experts have undertaken a review of the existing Approval process for in-water cleaning.