ICS Launches Annual Review
In advance of its AGM in the Faroe Islands next week, the global trade association for shipowners, the International Chamber of Shipping (ICS), has launched its Annual Review 2019, providing in-depth insight into the most pressing issues confronting shipping, which moves about 90% of global trade.ICS Chairman, Esben Poulsson, explains: “The immediate focus of ICS is the successful implementation of the UN IMO global sulphur cap, which will take complete effect on January 1. ICS…
ICS Chairman on Implementation of Global Sulphur Cap
“Time is fast running out” for implementation by IMO Member States of the 0.5% global sulphur in fuel cap by 1 January 2020, says Esben Poulsson, Chairman of the International Chamber of Shipping (ICS). The IMO global sulphur cap for marine fuel is expected to see shipping’s bunker prices increase significantly. “While ICS fully supports the objectives of the IMO cap, the overnight introduction of this regulatory game-changer will have enormous implications for ship operations. In the absence of agreed standards for new fuels including blends, that will be compliant with the 0.5% sulphur limit but which may differ in their composition from port to port, ICS is very concerned this could lead to serious compatibility and mechanical problems.
ICS Publishes Annual Review
The International Chamber of Shipping (ICS) has published its Annual Review of maritime policy developments in advance of its Annual General Meeting and to coincide with this week’s meeting of the IMO Maritime Safety Committee. Key issues covered in this year’s ICS Annual Review include the impact of the rescue at sea crisis in the Mediterranean on the shipping industry; the status of IMO environmental regulations on low sulphur fuel and ballast water management; the shipping industry’s efforts to deliver further CO2 emissions reductions…
ICS Publishes Annual Review
The International Chamber of Shipping (ICS) has published its latest Annual Review of maritime policy and regulatory developments in advance of its Annual General Meeting. The 2014 Annual Review covers the wide-ranging scope of ICS’s activities as the world’s principal international trade association for ship operators, and can now be downloaded free of charge from the ICS website. Printed copies are being distributed via ICS’s 34 member national shipowners’ associations, which…
ICS Launches Annual Review of Shipping Developments
The International Chamber of Shipping (ICS) has published its latest Annual Review of maritime policy and regulatory developments, in advance of its Annual General Meeting, which is being hosted by the Norwegian Shipowners’ Association in Oslo from June 5-7. The 2013 Annual Review, which covers the wide-ranging scope of ICS’s activities as the world’s principal international trade association for ship operators, can now be downloaded free of charge from the homepage of the ICS website.
