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Shipping industry urges Governments to take forward USD 5 billion proposal to accelerate the decarbonisation of maritime transport

16 November 2020

Copenhagen/London/Washington, November 13, 2020 – As governments come together at the UN International Maritime Organization (IMO) to consider important next steps to decarbonise maritime transport, the global shipping industry urgently calls on them to take forward its proposal for an industry-financed, USD 5 billion research and development programme, to catalyse the transformation of the industry from dependence on fossil fuels to operating with zero-carbon energy sources.

Year-to-date product tanker newbuild contracting hits 10-year high

21 September 2023

During the first eight months of 2023, contracting of product tanker newbuilds hit a 10-year high, reaching 140 ships and 10.72 million deadweight tonnes (DWT). The last time more than 10 million DWT were contracted from January through August was in 2013.

Recorded 15+15 webinar: Alternative Fuels

26 October 2022

Marie Münster, Professor of Management Engineering at DTU (Technical University of Denmark), presented the main findings of the MarE-Fuel project, where a number of scenarios were analysed. She also looks ahead to upcoming research.

BIMCO's documentary work – alternative fuels

08 August 2023

As the maritime sector moves towards a greener and more sustainable future, BIMCO remains at the forefront of this transformation addressing the issue of alternative fuels. BIMCO is developing robust contractual tools for the industry by establishing two new subcommittees to commence work on clauses to address the introduction of the FuelEU Maritime Regulation, use of biofuels, dual fuel and to produce new Methanol Bunker Terms.