Baharia Chandlers establishes a framework for assessing and disclosing the climate alignment of ship chartering activities around the globe. It sets a benchmark for what it means to be a responsible charterer in the maritime sector and provides actionable guidance on how to achieve this.
Baharia Chandlers is consistent with the policies and ambitions of the International Maritime Organization (IMO), including its ambition for greenhouse gas emissions to peak as soon as possible and to reduce shipping’s total annual GHG emissions by at least 50% by 2050.
As a result, Baharia Chandlers will enable cargo-owners and shipowners to align their chartering activities with responsible environmental behavior and incentivize international shipping’s decarbonization – to shape a better future for maritime shipping and society.
The Sea Cargo Charter is applicable to bulk ship charterers: those with interest in the cargo on board; those who simply charter out the vessels they charter in; as well as the deponent owners and all charterers in the charter party chain.
