HFW, a global, sector-focused law firm in association with BIMCO has released its first clause to support the International Maritime Organization’s 2020 sulphur emission rules.
Bunker clause
The new clause released by the company that focusses on compliance has been fast-tracked and is expected to be published by the end of October.
BIMCO will produce several clauses dealing with specific issues relating to IMO 2020, which sets a new limit for the amount of sulphur in fuel oil of 0.5% for ships operating outside designated emission control areas. The new regulation will affect more than 70,000 ships globally.
Drafting committee
The HFW is the sole law firm that has been included in BIMCO’s drafting committee and the team is led by the head of offshore Paul Dean and also includes senior associates Alessio Sbraga and Rory Grout.
Paul Dean, Head of Offshore, HFW said, “It is a privilege to support BIMCO, the other members of the drafting sub-committee, the wider membership of BIMCO and the shipping community generally on this very important new regulatory requirement.”
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Source: HFW
