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BIMCO contributes actively in the development of IMO's strategy to limit the average global temperature rise below 2°C.
The International Maritime Organization (IMO) issues a list of solid bulk cargoes that may be carried on ships that do not have CO2 fittings, as per SOLAS regulation II-2/10.7.1.4. The IMO has just released its latest list of these exempted cargoes.
Chinese regulators have tightened its domestic emission control area regulation (DECA) which came into force on 1 January 2019.
This is a recording of a webinar which took place on 16 December 2021 about the use of wash water analysis as opposed to wall wash tests to ascertain tank cleanliness before commencement of loading operations in chemical tankers.
BIMCO applauds the landmark announcement by Maersk of its ambition to reach carbon neutrality by 2050.
The complexities of maritime decarbonisation are underscored by the industry's multifaceted challenges in reducing greenhouse gas emissions. The European Union (EU) and the International Maritime Organization (IMO) have implemented new rules to address this imperative. The EU and the IMO have set ambitious emission reduction targets for the shipping sector, encouraging the adoption of alternative fuels and energy-efficient technologies. Simultaneously, the IMO’s strategy for the reduction of GHG Emissions from ships outlines a phased approach towards decarbonisation. These regulations necessitate significant technological and operational changes for shipowners, charterers, and operators. Achieving compliance involves navigating intricate compliance frameworks, especially considering the diverse nature of vessels and trades. As the maritime industry steers through these uncharted waters, collaboration, innovation, and a holistic understanding of the regulatory landscape are crucial for a sustainable and decarbonised future. The maritime industry will need to consider whether the contractual structures that have been in place for over a century suit the journey toward decarbonisation.
The Chairpersons of the Round Table of international shipping associations (RT) met in Rome in February to discuss current issues and coordinate efforts going into the new decade, widely billed to become one of the most important in shipping’s history.
The main exporters of thermal coal for coal- fired power plants to the United Kingdom (UK) have experienced a heavy decline in seaborne cargo volumes in 2016. This comes as a result of the UK starting a concerning trend for the dry bulk shipping industry, by close to doubling its Carbon Price Floor (CPF).
