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BIMCO Adopts Methanol Bunkering Annex

BIMCO said it has adopted a Methanol Annex to its Bunker Terms 2018, the latest addition to the Danish international shipping association’s portfolio of contracts and clauses that support the maritime industry’s transition towards alternative fuels and decarbonization.  The annex, adopted by BIMCO’s documentary committee, provides definitions to reflect ongoing developments in the bunkering landscape. It also targets the increasing importance of sustainability certification, which verifies the source and environmental credentials ... [+]

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