Manager, Contracts & Clauses
- (+45) 4436 6833
An increasing number of ships that use alternative fuels are entering the market in response to the industry’s drive towards reducing CO2 emissions. The most common alternative fuel at present is Liquefied Natural Gas (LNG) which is used in an increasing number of dual-fuelled ships in operation.
To support the use of alternative fuels, BIMCO has developed a suite of LNG clauses for time charter parties. The LNG Fuel Clauses are designed to sit alongside existing bunker clauses in standard time charter parties. The clauses address essential issues in the delivery, management and quality of LNG as fuel. The four LNG Fuel Clauses are available to download free of charge from the BIMCO website.
The suite consists of four clauses: