BIMCO's position on "greenhouse gases emissions" has been approved by the BIMCO Board of Directors.
Regulatory requirements for new ships’ energy efficiency design index (EEDI) were incorporated in MARPOL Annex VI in 2011 together with a requirement for all ships to carry a ship-specific energy efficiency management plan (SEEMP).
Parties to the United Nations Framework Convention on Climate Change (UNFCCC) have recognised that the convention is unsuitable to address emissions from international shipping. The Paris Agreement, adopted at COP 21 in December 2015, is silent about emissions from international shipping. It does, however, expect all sectors of the economy to contribute to the global efforts.
The IMO Fuel Data Collection System (DSC) was adopted on 1 March 2018 and requires monitoring, flag state verification and reporting to IMO of annually aggregated fuel consumption for all ships of 5000 GT and above. The first set of data for the year 2019 is available for analysis in 2020.
The IMO has agreed on a Road Map to develop a Comprehensive IMO GHG Strategy by 2023. The Initial Strategy (IS) was adopted at MEPC 72 in April 2018 with a vision to de-carbonise shipping as soon as possible. The IS contains the following important objectives:
Short term, before 2023
Medium term, 2023-2030
Veritas Petroleum Services (VPS) publish regular Bunker Alerts based entirely on fuel samples and have kindly permitted BIMCO’s Members to access this information.
The Bunker Alerts are not intended to be an evaluation of overall bunker quality in the port or area concerned, but usually highlight a specific parameter within the fuel which has raised a quality issue.
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