BIMCO CII Operations Clause Cost Allocation

Model owner / charterer cost allocation under the BIMCO 2022 CII Operations Clause. Charter instructions that cause a rating downgrade create owner exposure to future SEEMP Part III corrective-plan costs - this calc splits the liability.

LifecycleCharter

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This calculator requires JavaScript to compute its result. The formula, symbols, and regulatory sources are shown in the Formula section below.

Formula, assumptions, and limits

\text{Share}_\text{charterer} = \min\!\left(1,\ \max\!\left(0,\ \frac{I_\text{actual} - I_\text{planned}}{I_\text{actual} - I_\text{required}}\right)\right)

Symbol	Meaning	Unit
$I_\text{actual}$	Attained CII under charterer's voyage orders	g / (dwt·nm)
$I_\text{planned}$	Owner-warranted Attained CII	g / (dwt·nm)
$I_\text{required}$	Target CII	g / (dwt·nm)

Source: BIMCO - *CII Operations Clause for Time Charter Parties* (2022); IMO Resolutions MEPC.336/337/338/339(76) - CII framework

In short

Allocate SEEMP Part III corrective-plan costs between owner and charterer per BIMCO's 2022 CII Operations Clause.

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