BIMCO Search Results

BIMCO publishes updated greenhouse gas position statement

The Board of Directors of BIMCO has approved the organisation’s updated greenhouse gas (GHG) position statement, elaborating on who it believes should pay for carbon pricing and warning that excessive retroactive measures could have negative unintended consequences.

ETS – Emission Scheme Transfer of Actual Allowances Clause for COAs 2024

This clause is one from a suite of three clauses developed by the subcommittee for Contracts of Affreightment (COAs). The objective was to provide industry stakeholders with the flexibility to choose a procedure suitable for their specific trade and business. You should consider whether this ETS – E... Please follow the link to continue reading.

Background

Background Emission Schemes are “cap and trade” schemes that cap the total amount of greenhouse gases to be emitted by certain vessels covered by the system.  Over time, this cap is reduced as an incentive to reduce greenhouse gas emissions through increased efficiency and the use of alternative fue... Please follow the link to continue reading.

ETS – Emission Scheme Surcharge or Transfer of Allowances Clause for COAs 2024

This clause is one from a suite of three clauses developed by the subcommittee for Contracts of Affreightment. The objective was to provide industry stakeholders with the flexibility to choose a procedure suitable for their specific trade and business. You should consider whether this ETS – Emission... Please follow the link to continue reading.

Background

Background Emission Schemes are “cap and trade” schemes that cap the total amount of greenhouse gases to be emitted by certain vessels covered by the system.  Over time, this cap is reduced as an incentive to reduce greenhouse gas emissions through increased efficiency and the use of alternative fu... Please follow the link to continue reading.