News 13 Dec, 2018

MARPOL Annex VI Low Sulphur Limit - BIMCO Clauses Published - Further Club Seminar

Further to the Club’s News Item of 19 November 2018Members are advised that BIMCO has now published its low sulphur recommended charter party clauses and which can be found here:

2020 Fuel Transition Clause for Time Charter Parties

2020 Marine Fuel Sulphur Content Clause for Time Charter Parties

Following the seminar on off-spec bunker claims hosted recently at the Club's London office, a further seminar on the MARPOL Annex VI low sulphur fuel limit with a guest speaker from BIMCO’s Low Sulphur Drafting Team will take place on Wednesday 23 January 2019 at the London office. Members are again very welcome to attend this seminar - please contact our Training Manager Kay Bellinger for details.

In the interim, Members are advised to review their charter party and other relevant contracts in good time before the 1 January 2020 Annex VI implementation date so as to ensure that their contracts are “low sulphur ready”. To assist Members, the Club has agreed fixed fee arrangements with firms of solicitors that are specialists in the area. More information about these arrangements can be obtained from Deputy Director (FD&D) Nicola Cox.

A copy of the Club’s recent Claims Guide focussing on some of the compliance and practical considerations of the 1 January 2020 deadline can be found here.