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In a bid to encourage wider adoption of just in time (JIT) arrival principles in the bulk sector, BIMCO has published a new clause for voyage charter parties to promote more efficient shipping procedures and as a result, help reduce CO2 emissions.
BIMCO would like to encourage states and the industry to start a dialogue on how to create a global ruleset for market-based measures (MBM) to support the use of low carbon fuels and to create a level playing field for the industry.
Whilst the meeting was dominated by discussions on the revised strategy on GHG emissions the 80th session of the IMO’s Marine Environment Protection Committee (MEPC 80) also managed to address several other matters related to the protection of the marine environment – including progress on ballast water management, designation of a PSSA in the NW Mediterranean, and guidelines on life cycle GHG intensity of marine fuels.
Leaders of the Round Table of International Shipping Associations - BIMCO, INTERCARGO, International Chamber of Shipping and INTERTANKO - met virtually last week to debate key issues facing the maritime industry today. At the meeting, the associations affirmed the industry’s commitment to universal recognition for seafarers, the decarbonisation of shipping and addressing the threat to shipping from piracy in the Gulf of Guinea.
Unravel some of the shipping industry’s operational inefficiencies, including the common dilemma of "sail fast, then wait" (SFTW) in this new white paper.
BIMCO Shipping KPI version 4 is expected to be released by end September. Considering the development in the shipping sector, several Performance Indicators and Key Performance Indexes will be updated.