The adoption of the BIMCO Energy Efficiency Data Sharing Clause for Time Charter Parties 2025 marks an important addition to BIMCO portfolio of clauses promoting energy efficiency and sustainability. This clause constructs a balanced framework that encourages collaboration between owners and charterers to enhance data sharing practices. This is achieved through the utilisation of existing onboard sensors and, where necessary, the installation of additional sensors on vessels.
Topic: TECHNOLOGY
Emission performance of ammonia-fueled, two-stroke marine engines
In the lead up to its historic 83rd meeting this April, the IMO’s MEPC (Marine Environment Protection Committee) published a “Review of current literature on tank-to-wake nitrous oxide emissions from ammonia-fueled engines“.
Onboard carbon capture: a bridge to zero-emission shipping?
As the shipping industry aims to decarbonise, onboard carbon capture emerges as a potential solution. But is it a game-changer or just an expensive experiment? We explore the pros and cons of this up-and-coming technology and its role in decarbonising maritime transport.
Ship energy savers, top to bottom
With low- and zero-carbon fuels not available at scale, shipowners can look to wind-assisted propulsion systems and silicone-based antifoulings to generate significant fuel and emissions savings
Harnessing wind power for the next generation of sustainable shipping
With annual international shipping CO₂ emissions doubling since 1990 and now accounting for roughly 10% of global transportation emissions, the maritime shipping sector sits at a crossroads in the fight against climate change.
Northern Lights is ready to receive CO2
The world’s first cross-border CO2 transport and storage facility is completed and ready to receive and store CO2.
New investment to electrify Australian ports
The Australian maritime sector will move a step closer to decarbonisation thanks to a $70 million investment from the Clean Energy Finance Corporation (CEFC).
Tugboat powered by ammonia sails for the first time, showing how to cut emissions from shipping
On a tributary of the Hudson River, a tugboat powered by ammonia eased away from the shipyard dock and sailed for the first time to show how the maritime industry can slash planet-warming carbon dioxide emissions.
IMO and onboard carbon capture, storage and sequestration
IMO is shaping global shipping’s future with regulations on onboard carbon capture and storage (OCCS), carbon dioxide (CO2) sequestration and cleaner fuel standards to meet its 2050 climate goals