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BIMCO demands 4th IMO GHG Study based on realistic economic growth

13 February 2019

BIMCO has proposed that the Fourth International Maritime Organization (IMO) Greenhouse Gas Study does not include unrealistically high gross domestic product (GDP) growth projections to predict future transport demand - and thereby emissions - of the shipping industry. The proposal has been made to the expert workshop preparing for the study, which is meeting in London 12-14 March.

ASBAGASVOY

04 February 2021

ASBAGASVOY is a charter party for the gas tanker trade jointly authored by BIMCO and ASBA. It is based on, and follows the sequence of, ASBATANKVOY which for many years has been used for gas tanker fixtures, but introduces gas specific terminology. ASBAGASVOY replaces ASBATANKVOY clauses which pertain to the traditional product tanker trades. The charter party has been developed for both refrigerated and pressurised liquefied gasses such as LPG and petrochemicals. Copyright in ASBAGASVOY is held by ASBA. Optional Additional Clauses have been developed for possible use with ASBAGASVOY. The primary focus of the Optional Additional Clauses is on vessel presentations for petrochemical gases. Other clauses are included because they are often used in gas fixtures.