Bunkering

BIMCO unveils two 2020 bunker clauses

Global shipowning body BIMCO has developed two 2020 bunker clauses ahead of the global sulphur cap that deal with general compliance and the transitional period for an early December release.

The Global Marine Fuel Sulphur Clause for Time Charter Parties was approved by the BIMCO’s documentary committee at its meeting in Copenhagen yesterday.

“It is very important that the new sulphur clauses are ready well in advance to allow the parties to prepare ahead of January 1 2020,” said Peter Eckhardt, chairperson of the drafting committee and head of chartering and operations at Reederei F. Laeisz.

“The Global Marine Fuel Sulphur Clause for Time Charter Parties will help them do exactly that, as it sets out the obligations and responsibilities of owners and charterers to comply with MARPOL Annex VI sulphur content requirements.” Eckhardt maintained.

The clause states that charterers are obliged to provide fuel that complies with MARPOL requirements, grades and specifications set out in the charter party, and it is a general compliance clause. It also states that charterers must use suppliers and bunker barge operators who comply with MARPOL and that shipowners will remain responsible for the fuel management.

The second clause deals with the transitional period from the end of 2019 to the beginning of 2020. The two clauses will be published as one package.

The clause focuses on cooperation between owners and charterers to minimise quantities of non-compliant fuel on board by December 31 2019.

It states that any remaining non-compliant fuel on board after January 1 2020 has to be removed no later than re-delivery or March 1 2020 – whichever comes first. It also states that removal of non-compliant fuel must be done at the charterers’ cost, while tank cleaning must be done at the cost of the shipowners.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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