2023 Carbon Intensity Indicators - Are you Ready?

In force from January 1, 2023, the Carbon Intensity Indicator is a key outcome of the IMO’s ambitious targets to reduce CO2 emissions from ships by 40% by 2030 and by 70% by 2050 (against a 2008 baseline). Neil Jackson, Senior Associate, CJC, explores the ways the new IMO instrument is reflected within BIMCO’s recently published CII Operations Clause for Time Charter Parties.

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Neil Jackson                               
Senior Associate