BIMCO Publishes IMO 2020 Sulphur Clauses
International delivery organization BIMCO has actually released 2 sulphur content-related shelter conditions taking care of basic conformity and also the transitional duration for the International Maritime Organization’s 2020 international sulphur limitation in aquatic gas.
The 2 conditions are BIMCO 2020 Marine Sulphur Content Clause for Time Charter Parties and also BIMCO 2020 Fuel Transition Clause forTime Charter Parties Both are currently offered on the BIMCO website and also on SmartCon, BIMCO’s agreement modifying option.
“The subcommittee’s objective has been to create clauses that are simple and practical, and I’m confident we’ve achieved that objective,” states Peter Eckhardt, chairperson of the composing board and also Head of Chartering and also Operations at Reederei F. Laeisz.
The 2020 Marine Fuel Sulphur Content Clause changes the BIMCO Fuel Sulphur Content Clause 2005 and also can be included right into time charter events already. The brand-new provision creates an important component of BIMCO’s Suite of Standard Bunker Clauses for Time Charter Parties.
“By making the 2020 Marine Fuel Sulphur Content Clause part of the Suite of Standard Bunker Clauses, it means that we have been able to keep the revised clause short and simple. It is written as a straightforward compliance provision with the sulphur content requirements of MARPOL Annex VI,” states Grant Hunter, BIMCO head of Contracts & &Clauses
Issues connecting to the requirements, qualities and also quality/suitability of the gas provided by time charterers are covered by existing conventional shelter conditions in time charters, so these must not require to be modified in regard to sulphur web content alone.
Transition provision
The 2020 Fuel Transition Clause is not component of the Suite of Bunker Clauses as it handles the one-off occasion of changing from 3.50% sulphur web content gas to 0.50% sulphur web content. The button is a procedure that will certainly require to be begun prior to 1 January 2020 therefore calls for the proprietors and also charterers to coordinate to make certain a smooth change. The provision is developed to give a reasonable allowance of duties and also obligations in between the proprietors and also charterers in handling staying supplies of gas that will certainly come to be non-compliant under MARPOL from 1 January 2020.
The provision has actually been particularly developed for time charter events that will certainly cover 1 January 2020.
“We would also recommend incorporating the clause into time charter parties with redelivery very close to 1 January 2020 where delays or extensions might result in the ship redelivering after the date the change comes into force,” Hunter states.
In enhancement to its various other tasks, BIMCO is leading company of maritime conditions and also agreements covering the complete lifecycle of ship-related procedure and also task.
The 2020 Bunker Clauses have actually been created by a group consisted of proprietors, charterers, shelter providers, P&I clubs and also lawful professionals.