A group of major charterers have slammed Bimco’s new Carbon Intensity Indicator (CII) time-charter clause as “imbalanced and unworkable”.
The shipping heavyweights have warned that no CII clauses could end up being adopted to the detriment of shipowners.
The charterers from the bulker, tanker and container sectors are therefore looking to develop ‘alternative clauses’ to redress a perceived contractual imbalance.
