ICS: Un Climate Change Negotiations

International Chamber of Shipping
Monday, November 14, 2011
ICS Secretary General, Peter Hinchliffe

The International Chamber of Shipping (ICS) – which represents all sectors and trades of the global shipping industry and more than 80% of the world merchant fleet – has produced a briefing document for government climate change negotiators, in advance of the next United Nations Climate Change Conference (COP 17), which commences in Durban at the end of November.   
 
 

The Document entitled ‘Shipping, World Trade and the Reduction of CO2 Emissions’ is being distributed via ICS member national shipowners’ associations and can be downloaded at www.ics-shipping.org/CO2lowres.pdf  


 

ICS Secretary General, Peter Hinchliffe explained: “The international shipping industry is firmly committed to reducing its CO2 emissions by twenty per cent by 2020, with significant further reductions thereafter. However, the Durban Climate Change Conference needs to give the International Maritime Organization a clear mandate to continue its vital work to help us deliver further emission reductions through the development of Market Based Measures.”

 

The shipping industry hopes that governments at COP 17 will respond positively to the significant IMO agreement, in July 2011, to adopt a package of technical measures to reduce shipping's CO2 emissions – which by 2030 should reduce ships’ emissions by 25-30% compared to ‘business as usual’. This is the first ever international agreement containing binding and mandatory measures to reduce CO2 emissions that has so far been agreed for an entire industrial sector.

 

Most importantly– and without prejudice to what governments might agree at UNFCCC – the shipping industry believes that IMO is now very well placed to continue the real progress it is making on Market Based Measures to help deliver further emissions reductions. This includes a possible shipping industry environmental compensation fund – with possible linkages to any ‘Green Fund’ agreed by UNFCCC. This could address the Kyoto Protocol principle of ‘Common But Differentiated Responsibility’ (CBDR) by directing the lion’s share of any funds raised from international shipping to environment related projects in developing countries, including climate change mitigation and adaptation.

 

The shipping industry wishes governments to understand that in the absence of a global framework agreed by IMO there is a serious risk of regional or unilateral measures attempting to regulate CO2 emissions for shipping. This would have a seriously distorting effect on international shipping markets, but would also be much less effective in delivering meaningful reductions in CO2 emissions by the global shipping sector as a whole.

 

The ICS Document explains why shipping is a global industry requiring global regulation, and contains details of the measures that the industry and its international regulator (IMO) are taking to reduce ship emissions; means by which IMO might take account of the UNFCCC CBDR principle; and the reasons why shipping does not lend itself to inclusion in national CO2 emissions targets.
 

Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Schlumberger Announces Q1 Results

Schlumberger Limited (NYSE:SLB) today reported first-quarter 2014 revenue from continuing operations of $11.24 billion versus $11.91 billion in the fourth quarter of 2013, and $10.

Russia Ships First Oil From Offshore Arctic Platform

President Vladimir Putin hailed Russia's first shipment of Arctic offshore oil on Friday, saying the platform decried by environmentalists will help Moscow expand its global energy markets share.

Shipping Turns From Banks to Equity Markets for Cash

Shipping companies are turning to equity markets to fill a growing funding gap, betting that investors hungry for decent returns will provide capital to a sector

Marine Propulsion

RS at SEA JAPAN 2014

Russian Maritime Register of Shipping (RS) was the only Russian company to take part in SEA JAPAN 2014 exhibition and conference – one of the major exhibitions of the maritime industry.

Havyard to Build Hybrid Battery Arctic PSV

Norway's Havyard says it has signed a contract for the construction of a Havyard 833 WE ICE platform supply vessel with Fafnir Offshore HF. The vessel is to be

GE Gas Turbines Power USS America

GE Marine reports that the United States Navy’s future USS America (LHA 6) amphibious assault ship recently completed successful acceptance sea trials powered by two GE LM2500+ marine gas turbines.

Environmental

France's Oldest Nuclear Plant Shut Down After Incident

France's oldest nuclear power plant, Fessenheim, was shut down on Saturday following an incident at the facility away from the reactor which did not pose any danger, operator EDF said.

RS at SEA JAPAN 2014

Russian Maritime Register of Shipping (RS) was the only Russian company to take part in SEA JAPAN 2014 exhibition and conference – one of the major exhibitions of the maritime industry.

Years After BP U.S.Oil Spill: Compensation Battle Rages

Four years after the Deepwater Horizon spill, oil is still washing up on the long sandy beaches of Grand Isle, Louisiana, and some islanders are fed up with hearing from BP that the crisis is over.

Fuels & Lubes

Saudi SABIC Q1 Profit Falls 1.8 % On Product Prices

Profit at Saudi Basic Industries Corp (SABIC), one of the world's biggest petrochemical firms, slipped 1.8 percent in the first quarter of this year as lower

Bunker Specialists Endofa Name Hoffmann CEO

Endofa, an independent marine fuel supplier and bunker trader, informs it has named Lars Hoffmann as Chief Executive Officer. Prior to joining Endofa, Hoffmann

YPF Tenders to Buy Fuel Oil for June

State-run oil company YPF launched its second fuel oil tender in April, this time to buy two 50,000 metric ton cargoes (some 375,000 barrels each) to be received

Marine Power

Coast Guard tactical air squadron holds change of command ceremony

Capt. Kevin P. Gavin relieved Capt. Donna L. Cottrell as commanding officer of Coast Guard Helicopter Interdiction Tactical Squadron Jacksonville during a change of command ceremony at HITRON Friday.

RS at SEA JAPAN 2014

Russian Maritime Register of Shipping (RS) was the only Russian company to take part in SEA JAPAN 2014 exhibition and conference – one of the major exhibitions of the maritime industry.

Havyard to Build Hybrid Battery Arctic PSV

Norway's Havyard says it has signed a contract for the construction of a Havyard 833 WE ICE platform supply vessel with Fafnir Offshore HF. The vessel is to be

Government Update

Reports: Brazilian Tycoon Batista Investigated For Financial Crimes

Brazils federal police have opened an investigation into former billionaire Eike Batista for financial crimes, including insider trading, manipulation of markets and money laundering,

Shell Commited To Russia Expansion Despite Sanctions

Royal Dutch Shell is committed to expansion in Russia, Chief Executive Ben van Beurden told Russian President Vladimir Putin at a meeting on Friday amid sanctions

Obama Offers US Aid to S.Korea Following Ferry Accident

U.S. President Barack Obama on Thursday expressed condolences to the families of the victims of the South Korean ferry sinking and said the U.S. military will provide

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Navigation Pipelines Pod Propulsion Ship Electronics Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1977 sec (5 req/sec)