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The BIMCO Documentary Committee (DC) will be meeting on 11 October. The agenda includes six projects up for adoption: CII Clause for Voyage Charter Parties, Ship Sales Further Trading Clause, ETS Allowances (ETS) Clause for SHIPMAN, Quiet Enjoyment Letters, SYNACOMEX and WRECKSTAGE.
The 81st meeting of the IMO’s Marine Environmental Protection Committee (MEPC) made some progress on issues of significant importance to BIMCO members – including on mid-term measures for reducing greenhouse gas emissions, the legal uncertainty regarding ship recycling and underwater radiated noise. Additionally, the Committee adopted a number of amendments to Conventions, approved a number of circulars and made significant progress on ballast water management issues.
BIMCO welcomes the recognition of the European Commission (EC) that climate change is a global issue that requires mobilisation of partners internationally.
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.
The subcommittee tasked with the revision of BIMCO’s suite of third party management contracts continues its work to develop a standard Emission Trading Scheme Allowances (ETSA) Clause for use with the popular ship management agreement SHIPMAN. The aim is to present a draft standalone clause for possible adoption by BIMCO’s Documentary Committee when it meets next in Copenhagen on 11 October.
MEPC held this week, adopted a new initial IMO strategy of GHG emissions of ships, which will pave the way for decarburization.