Authored articles
14/12/2023
December, 2023 - BIMCO publishes suite of ETS clauses
On 8th December, 2023, BIMCO published four emissions scheme clauses: three clauses for voyage charterparties and a clause for use in ship management contracts. The purpose of the clauses is to allow parties to choose a...
13/12/2023
Singapore and Piraeus Seminars 2023
In October and November 2023, the club hosted two successful seminars for Members and Brokers in Singapore and Piraeus. With the quality of bunker fuel continuing to be a source of concern for shipowners and...
13/12/2023
EU ETS - Ship managers, are you ready?
With the European Union Emission Trade Scheme deadline of 1 January 2024 fast approaching, Robert Hodge, General Manager of ITIC, hosted a webinar on the topic. During this webinar, Robert discusses how ship managers can navigate the possible pitfalls that may arise and what steps can be taken to mitigate risks.
12/12/2023
Wärtsilä Launches World’s First Four Stroke Ammonia Engine Solution
With ammonia expected to become an increasingly popular low-carbon fuel for the shipping industry, Wärtsilä has taken the lead and launched the world’s first four-stroke ammonia engine solution.
11/12/2023
Circular: EU ETS clause
The European Union Emission Trading Scheme (EU ETS) will come in to force on 1st January 2024, the cost to the shipping industry will be in the billions. Ship managers will have an important role in managing the scheme for their owners.
11/12/2023
Press release: ITIC suggests EU ETS will cost the shipping industry billions
ITIC has forecasted that the cost of the European Union’s (EU's) new Emissions Trading Scheme (ETS) to the shipping industry could be in the billions.
29/11/2023
Damen Celebrates First Double Superyacht Launch
Damen - the Dutch headquartered master yacht builder - has celebrated the launch of two superyachts in one day.