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Carbon emissions, safety and cyber security were at the top of the agenda at the annual Tripartite Shipbuilding Forum which attracted more than 100 delegates.
The BIMCO Documentary Committee (DC) will be meeting on 18 May – it will be the first physical meeting since the start of the pandemic. Four important projects are up for adoption: ETSA, the CII Compliance Clause, GENCON 22 and the IOCD Clause for Time Charter Parties.
BIMCO has established a dedicated subcommittee to examine the implications of the FuelEU Maritime Regulation, a key component of the EU's Fit for 55 legislative package. The regulation is a central pillar of the EU's commitment to reducing greenhouse gas emissions by at least 55% by 2030 and achieving climate neutrality by 2050.
The 75th session of the Marine Environment Protection Committee (MEPC 75), which took place online from 16 to 20 November 2020, continued the deliberations on reduction of greenhouse gas (GHG) emissions from shipping, but also adopted amendments to MARPOL Annex VI and the International Ballast Water Management Convention (BWM Convention).
Shipmanagers and owners, assisted by legal and insurance experts, are grappling with the complexities of drafting a clause for SHIPMAN that sets out the responsibilities for administering and surrendering emissions allowances under an Emissions Trading Scheme (ETS). Although the clause is being written to work with any ETS, the primary focus is on the EU ETS, which is the world’s largest carbon trading scheme, soon to embrace shipping.
