BIMCO Search Results

New BIMCO contract for CO2 transportation on the horizon

Article informing about the ongoing project to develop a time charter party for the transportation of CO2. Important in the context of decarbonisation as CO2 transport will be essential for future CCS projects (carbon capture and storage).

BACKGROUND

Emission trading systems (ETS) are “cap and trade” schemes that permit the emission of greenhouse gases in exchange for allowances. Over time the quantity of allowances available to industry are reduced as an incentive to reduce emissions through increased efficiency and the use of alternative fuels... Please follow the link to continue reading.

Shipping industry comments on EP vote on regional CO2 measures

Following today’s vote in the European Parliament, adopting a regional EU Regulation on the Monitoring, Reporting and Verification (MRV) of individual ship emissions of CO2, the International Chamber of Shipping (ICS), BIMCO and Intercargo have issued the following statement...