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China’s 15m tonnes oil products export quota could boost tonne miles to EU
06 October 2022On 30 September 2022, China added 15 million tonnes to its 2022 export quota for oil products. The quota includes 13.25 million tonnes for gasoline, diesel and jet fuel as well as 1.75 million for low-sulphur marine fuel. If headed for the EU, it could be a welcome addition to the block seeking to replace on average 2 million tonnes of diesel imports from Russia when sanctions take effect from February 2023 and demand for heating increases in the winter months. It could also add some attractive tonne miles for product tankers.
15+15 webinar: ETS clauses status - and looking ahead
15 February 2024Following on from our recent 15+15 webinar " Navigating EU ETS in contracts " which provided an overview of the available BIMCO clauses on emission trading schemes and how to understand the difference between various contractual solutions (you can watch the recording here ). This 15+15 webinar will look at the status of the three first months with EU ETS clauses - and what is ahead with BIMCO's Deputy Secretary General, Stinne Taiger Ivø. Find out more about BIMCO's four ETS Clauses Want to learn more about the European Union Emissions Trading Scheme (EU ETS) and how it affects the operation of ships trading to EU ports? Register for one of our online training courses .
Latest information about the implementation of individual ship monitoring plans
27 April 2017Many shipowners are presently struggling with the implementation of individual ship’s monitoring plans (MP) so here is the latest information as guidance.
Recorded webinar - The BIMCO ETSA Clause for Time Charter Parties
01 November 2023Watch Stinne Taiger Ivø, Director, Contracts & Support, BIMCO and Lars Robert Pedersen, Deputy Secretary General, BIMCO explain about the content of the BIMCO ETSA Clause, and the regulatory framework provided by the EU revision of the ETS Directive.
European Commission reacts to industry’s concern about IHM compliance
21 October 2020The European Commission (EC) has listened and reacted to industry’s concern about adhering to the upcoming deadline on 31 December 2020 for the European Union’s Ship Recycling Regulations (EUSRR) inventory of hazardous materials (IHM) owing to the disruption caused by the Covid-19 pandemic. The new EC guidelines give shipowners a limited but welcome respite by applying a harmonised approach for a period of 6 months after the entry into application of the IHM obligations.
Shipowners encouraged to take part in ship generated waste survey
03 August 2020The EU is carrying out an online survey which is relevant to all shipowners irrespective if they operate ships on EU-flag or not. The outcome of the survey will be used to establish criteria for determining that a ship produces reduced quantities of waste and manages its waste in a sustainable and environmentally sound manner. The outcome could result in reduced fees for delivering waste to a port reception facility, and BIMCO encourages all shipowners to take part in the survey.
