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These principles are intended for the use of parties engaged in chartering and ship agency.
The Marine Environmental Protection Committee (MEPC) strengthened Energy Efficiency Design Indexes (EEDI) for Phase 3 for certain ship types by increasing the reduction rate and/or bringing forward the start date.
BIMCO’s Documentary Committee has positively received a new standard Memorandum of Agreement (MOA) for the sale and purchase of ships, thereby opening the doors to wide industry consultation before finalising and publishing the new standard next year.
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