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BIMCO’s Documentary Committee has adopted a new Emission Trading Scheme Allowances Clause for BIMCO’s ship management agreement, SHIPMAN, and three ETS clauses for Voyage Charter Parties.
BIMCO and its partners have submitted the Glossary of Climate Change Definitions to MEPC 81. To ensure consistent terminology, it is proposed that MEPC agrees to develop a glossary of definitions relevant to the reduction of GHG emissions from shipping. This is intended to harmonise the language used within the shipping industry.
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