Bimco’s long-awaited time-charter clause to deal with the new Carbon Intensity Indicator (CII) is finally out. But the agonising has hardly begun, not to mention the arbitrating.

Some of the best charter-drafting heads in the shipping industry have been huddled in Bimco documentary committee meetings most of this year trying to bring contractual order into regulatory chaos.

The rest of the best heads are ducking comment.