Just as there is no easy route to decarbonisation, there is no straightforward way of balancing a shipowner’s obligation to comply with the MARPOL Carbon Intensity Indicator (“CII”) Regulations with a time charterer’s right to direct the employment of …
BIMCO CII Clause for Time Charters – The dust begins to settle Read More »
Momentum has built towards an ambitious revision of the GHG reduction strategy as two weeks of IMO negotiations conclude. The thirteenth Intersessional Working Group on Greenhouse Gases (ISWG 13) and seventy ninth session of the Marine Environment Prot…
The 79th session of the IMO’s Marine Environment Protection Committee (MEPC 79) was held from 12 to 16 December 2022. Highlights include the adoption of a Sulphur Emission Control Area (SECA) in the Mediterranean Sea from 1 July 2025 as well as further…
IMO Update: Marine Environment Protection Committee – MEPC 79 Read More »
As digitalisation is gaining fast ground, the idea that cross-industry data sharing helps create a safer, cleaner and more efficient shipping is indisputable. In fact, less and less territory is being left uncharted when it comes to exploring the benef…
IMO: Digitalisation and regulatory framework of data sharing in the maritime industry Read More »
Rates for petroleum product tankers that carry low-sulfur petroleum products, including refined petroleum products such as motor gasoline, diesel fuel, jet fuel, and naphtha, reached multiyear highs this summer. Rates for these tankers, known as clean …
EIA: Tanker rates for refined petroleum products reach multiyear highs during 2022 Read More »