Disagreement within Bimco on responsibility for ships poor climate ratings
CII: An important legal clause, which in time-charter contracts is meant to regulate responsibility for the incoming CII climate regulations between shipowners and operators, is dragging out due to internal disagreement in Bimco. Lauritzen Bulkers is stuck with making declarations of intent.
by DAG HOLMSTAD
Opinions are strongly divided in the shipping industry as to who should bear the responsibility of poor climate ratings of vessels once the new CII climate rules come into force at the turn of the year.
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