Shipping Industry Unites to Propose Ambitious CO2 Reduction Objectives to IMO

Four prominent international trade associations have banded together in issuing a joint proposal to the UN International Maritime Organization (IMO) concerning ambitious CO2 reductions by the international shipping sector, which is responsible for transporting about 90% of global trade and 2.2% of the world's annual man-made CO2 emissions.  The four associations issuing … [Read more...]

ICS Urges IMO to Finalize Ballast Water Implementation Dates

The global shipping industry is urging the International Maritime Organization (IMO) to back a proposal to push back the implementation dates for installing new ballast water treatment systems on ships by two years to 2024, the International Chamber of Shipping (ICS), whose member shipping companies operate over 80% of the world's merchant tonnage, said on Monday. “If this … [Read more...]

ICS: Shipping Industry Remains Committed to Reducing CO2 Emissions

President Donald Trump's decision to withdraw the United States from the Paris Agreement on climate change will have no impact on the shipping industry's commitment to reduce its CO2 emissions, the International Chamber of Shipping (ICS) said Monday. With the United Nations Ocean Conference opening today in New York, the ICS is preparing to explain to the high-level … [Read more...]

ICS Sets Out Plan for CO2 Reduction by Shipping Sector

The Chairman of the International Chamber of Shipping, Esben Poulsson, laid out Friday what the industry would like to see from the International Maritime Organization to achieve as part of its CO2 reduction strategy for the shipping sector. Speaking Friday at The Economist magazine’s World Ocean Summit in Indonesia, Poulsson expressed fears that unless IMO makes significant … [Read more...]

Shipping Industry Slams European Parliament Proposal to Impose Regional Emissions Trading System

The International Chamber of Shipping (ICS), a global trade association for shipowners, says that a unilateral decision by the European Union to incorporate international shipping into its regional Emissions Trading System (ETS) will polarise and impede current discussions on additional CO2 reduction measures at the UN International Maritime Organization (IMO). “Non-EU … [Read more...]