Starting 1 January 2025, the FuelEU Maritime Regulation will take effect, prompting stakeholders in the shipping industry to begin preparations immediately.
To assist with this transition, BIMCO has developed the FuelEU Maritime Clause for Time Charter Parties 2024, which was officially adopted by BIMCO’s Documentary Committee on 25 November 2024. This clause is designed to help stakeholders align their contractual frameworks in compliance with the new regulation.
“This clause has been eagerly...