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