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Bimco fast tracks 2020 sulphur cap bunker clause
Bimco is fast-tracking its first 2020 bunker clause that could be published as early as the end of October.
1 Min Read
Kalyakan - stock.adobe.com
Law firm HFW said it had helped Bimco in drafting the first clause relating to the 0.5% low sulphur cap from the International Maritime Organization (IMO) that comes into force from 1 January 2020.
The new clause is focused on compliance and according to HFW could be fast-tracked by the Copenhagen-headquartered shipping body to be published by end October.
Paul Dean, head of offshore, HFW said: "It is a privilege to support Bimco, the other members of the drafting sub-committee, the wider membership of Bimco and the shipping community generally on this very important new regulatory requirement."
Bimco is planning several clauses specifically dealing with the sulphur cap.
Recently mutual North P&I highlighted the potential impact of the sulphur cap on charter parties.
Read more: The 2020 sulphur cap – Why you need to review your charter parties
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