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, and Allen Marks, Director, CJC, explore the ways the new IMO instrument is reflected within BIMCO’s recently published CII Operations Clause for Time Charter Parties.

Please click here to access the full article. 

   

Neil Jackson                                              Allen Marks
Senior Associate                                       Director                                    
Neilj@cjclaw.com                                     Allen@cjclaw.com