On June 5th, attendees gathered at the Posidonia Exhibition Center for BIMCO’s panel discussion titled “Today’s contractual solutions for your decarbonisation voyage.“
The panel focused on the regulatory complexities surrounding the Carbon Intensity Indicator (CII), EU Emissions Trading System (EU ETS), and FuelEU Maritime, and how these regulations are shaping the future of data sharing, operational energy efficiency, and performance in maritime contracts. Key speakers included BIMCO President Nikolaus Schues, Deputy Secretary General Stinne Taiger Ivø, and Maritime Contracts Managers Natalie Wong and Carl Lindahl, among others.
The panel provided insights into the industry’s readiness for these changes and presented an overview of existing and upcoming contractual solutions designed to navigate the evolving regulatory landscape. The session underscored the necessity of cooperation and strategic planning in achieving the ambitious decarbonization goals set for the maritime industry.
Nikolaus Schues emphasized the unprecedented regulatory pressures the shipping industry is currently facing and highlighted BIMCO’s commitment to providing certainty amid these challenges.
Never before has shipping faced regulatory demands on a scale that we are facing today, never has the world outside shipping this closely watched our decarbonisation efforts, and never before have we been expected to deliver on such ambitious goals and checkpoints with this level of regulatory uncertainty.
… said Nikolaus Schues
Meanwhile, Stinne Taiger Ivø discussed the critical need for accurate data in managing fuel consumption costs and the importance of developing clauses for data sharing and energy efficiency.
Furthermore, Natalie Wong addressed the potential for pooling within the FuelEU Maritime regulation, discussing how this approach could impact long-term charters and fuel control.
Pooling is a very interesting aspect included in the FuelEU Maritime regulation itself and, certainly for the long-term time charters, it would make sense that the time charterers get a say in making these decisions because they are ultimately in control of the fuels. It will be very interesting to see how the industry deals with pooling in the future.
… said Wong
