The Centre for Commercial Law was delighted to welcome Professor Stephen Girvin, Director of the Centre for Maritime Law, National University of Singapore on 16 November 2022.
Professor Girvin presented a seminar titled “Carbon-free Shipping: Contracts in Context” where he explained the forthcoming updates to the International Maritime Organisation’s International Convention for the Prevention of Pollution from Ships (MARPOL) with respect to reducing carbon emissions. These requirements raise particular issues for charterparty agreements between the shipowner and charterer.
Professor Girvin explained the effect of the Energy Efficiency Existing Ship Index and Carbon Intensity Indicator requirements on shipowners. Consequently, these requirements create particular challenges for shipowners to comply with current and future charterparty agreements.
Participants enjoyed an instructive seminar followed by a lively question and answer session.