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New solid bulk cargoes added to list for exemption from having a fixed fire-extinguishing system in the cargo spaces. See revised IMO circular.
The Hebei Maritime Safety Administration (MSA) in China has recently released a case where the local regulator fined a ship that burned high sulphur content fuel.
The shipping industry is facing an increase in new regulations from the International Maritime Organization (IMO) and the European Union (EU) and an increase in the urgency to decarbonise. To support the industry, BIMCO has developed a new CII Clause for Voyage Charter Parties. The clause was adopted by BIMCO’s Documentary Committee on 11 October and is the latest addition to BIMCO’s portfolio of carbon clauses.
In September last year the European Parliament voted for the inclusion of greenhouse gas (GHG) emissions from ships over 5,000 gross tonnes in the emissions trading system (EU ETS) by 1 January 2022. The weekly tanker market report by Gibson Shipbrokers features an overview of the crude oil and oil product tanker market.
MEPC 71 progressed in ensuring smoother implementation of the ballast water convention. One of the achievements was reaffirming the agreement regarding the provisions for non-penalisation of early movers that have installed ballast water management systems according to G8 guidelines.
This week the IMO agreed short term measures to address climate change. For many, it was felt that these measures lacked the ambition needed to reach the IMO’s goal of reducing total GHG emissions by 50% and carbon emissions by 70% by 2050. Weekly tanker market report by Gibson Shipbrokers.
Following on from our recent 15+15 webinar " Navigating EU ETS in contracts " which provided an overview of the available BIMCO clauses on emission trading schemes and how to understand the difference between various contractual solutions (you can watch the recording here ). This 15+15 webinar will look at the status of the three first months with EU ETS clauses - and what is ahead with BIMCO's Deputy Secretary General, Stinne Taiger Ivø. Find out more about BIMCO's four ETS Clauses Want to learn more about the European Union Emissions Trading Scheme (EU ETS) and how it affects the operation of ships trading to EU ports? Register for one of our online training courses .
