CII Operations Clause For Time Charter Parties 2022

Capt. John

Notwithstanding any other provision in this Charter Party, the Owners and the Charterers (the “Parties”) agree as follows:

“Agreed CII” means the values in gCO2/(dwt.nmile)* set out in subclause (d).

“CII” means Carbon Intensity Indicator, as provided for in the MARPOL Carbon Intensity Regulations.

“CII Rating” means the Vessel’s attained operational carbon intensity rating, expressed as a rating from A-E, in a calendar year, as calculated in accordance with the MARPOL Carbon Intensity Regulations.

https://mfame.guru/cii-operations-clause-for-time-charter-parties-2022/

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon