BIMCO rolls out new FuelEU and ETS clauses for ship sale deals

BIMCO has taken another step in helping owners and buyers navigate Europe’s tightening climate regulations by adopting new FuelEU Maritime and EU ETS clauses for inclusion in sale-and-purchase memoranda of agreement (MoAs). The world’s largest shipping association said the clauses are designed to give both sides clear guidance on who is responsible for fuel-compliance balances, …

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