BIMCO fast-tracks sulphur cap compliance clause
The world’s largest maritime trade group expects its first of four clauses concerning the International Maritime Organization’s 2020 sulphur cap legislation to become a standard component of time charters in the future. That clause will be reviewed under the organisation’s ‘fast-track’ procedure and published as early as the end of October, with three other clauses in the months after
There are still several unknowns to factor into the transition to low-sulphur marine fuels, says BIMCO
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