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

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.

Lloyd's List Podcast with BIMCO's President Niko Schües

Niko Schües was a guest on Lloyd’s List Podcast, talking about decarbonisation and digitalisation.

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

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

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 Films

BIMCO agrees that climate ambitions will not be achieved by Europe acting alone

BIMCO welcomes the recognition of the European Commission (EC) that climate change is a global issue that requires mobilisation of partners internationally.

Neutral? Net? Zero? BIMCO launches initiative to deconstruct climate terminology

BIMCO has started a discussion with members with the aim to provide a set of definitions that are practical and clear to stakeholders in the shipping industry when discussing climate change.

Neutral? Net? Zero? BIMCO launches initiative to deconstruct climate terminology

BIMCO has started a discussion with members with the aim to provide a set of definitions that are practical and clear to stakeholders in the shipping industry when discussing climate change.

BIMCO's documentary work – alternative fuels

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.

All eyes on Egypt as COP 27 looks at moving pledges into actions

With the strapline, "Together for implementation", COP27 in Sharm El-Sheikh, Egypt aims to turn climate pledges into action.