ICS Hopes for Zero CO2 Fuels
International Chamber of Shipping (ICS) believes that the 2020 global sulphur cap will be the regulatory game changer of the decade with profound implications for the economics of shipping.However, there are even more profound changes to come. "We are rapidly moving into a multi-fuel future to be followed we hope, in the 2030s, by the arrival of commercially viable zero CO2 fuels suitable for global application,” says Esben Poulsson, Chairman of ICS.As the 1 January 2020 deadline for the sulphur cap approaches…
ICS Chairman Warns on Global Trade War
International Chamber of Shipping (ISC) Chairman Esben Poulsson has warned of the threats facing the global economy as US trade sanctions against China and other countries risk damaging long-term development.Speaking on behalf of the global trade association for ship owners in Tokyo on 13 November, Poulsson said that the shipping industry had little power to change the geopolitical and trade policies pursued by governments.Esben Poulsson, highlighted serious concerns about the…
ICS Calls for Maritime Training Reform
Esben Poulsson, Chairman of the International Chamber of Shipping (ICS), has called for International Maritime Organization's (IMO) STCW Seafarer Training Regime to be revised.IMO STCW Convention governs global standards for the training and certification of around two million merchant seafarers.Addressing a Crew Connect Conference in Manila, Philippines Poulson said “It’s now commonplace for employers to routinely provide additional training and assessments prior to the deployment…
ICS-UN Negotiation on Future Ocean Governance
International Chamber of Shipping (ICS) is representing shipowners at the start of a major negotiation to agree a new legal instrument for the protection of the ocean under the UN Convention on the Law of the Sea (UNCLOS) – which will apply to ‘high seas’ areas ‘beyond national jurisdiction’.Addressing government negotiators in New York today (5 September), ICS Chairman, Esben Poulsson, highlighted the need to ensure that this UN initiative will not “unwittingly” impact on the effective future governance of global shipping…
SMM Launches with High-Profile Guest Speakers
At today’s opening press conference of the international maritime trade fair in Hamburg, political and business leaders discussed current challenges facing the shipping industry. The focus of the debate was on the 0.5 percent sulphur limit for ship fuels which will take effect on January 1, 2020, and the industry's goal to cut greenhouse gas emissions from global shipping in half by the year 2050. Roughly 2,300 exhibitors and the extensive conference program accompanying the trade fair will deliver answers to the industry's complex questions. Roughly 50,000 visitors are expected to attend.
OP/ED: The 2020 Sulfur Cap – Growing Pains or Mass Hysteria?
At the stroke of midnight on January 1, 2018, the global shipping industry will be expected to comply with the IMO agreed upon 0.5% sulfur cap for bunker fuels with few waivers available.For vessels which have installed scrubbers, higher sulfur fuels may continue to be used. IMO’s recent agreement on the ban of carriage of non-compliant fuel assures that cheating will not be allowed providing that port states integrate this ban into their respective port state control inspection programs.All that said…
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.
IMO Calls for Govts Support for 50 % Co2 cut by 2050
The ICS Chairman was commenting on the ambitious IMO strategy to cut the total greenhouse gas emissions of shipping by at least 50% by 2050, compared to 2008 – with an agreed efficiency goal, as an average for the sector, for a 40% improvement by 2030 compared to 2008, and a 70% improvement by 2050 – so that the entire sector will be in a position to decarbonise completely, consistent with achieving the 1.5 degree climate change goal identified by the UN. “It’s important that governments recognise the enormity of what has been agreed by IMO.
IMO Under Pressure to Tackle CO2 Emissions
The United Nations' shipping agency is under pressure this week to agree on a plan to cut carbon emissions from the sector, following years of slow progress, but the strategy could fall well short of what is required to limit global warming. The shipping sector, along with aviation, avoided specific emissions cut targets in a global climate pact agreed at the end of 2015, which aims to limit a global average rise in temperature to "well below" 2 degrees Celsius from 2020. Shipping accounts for 2.2 percent of world CO2 emissions…
ICS: Compromise Needed on CO2 strategy
Ahead of critical meetings at the UN International Maritime Organization (IMO) which commence on 3 April, the International Chamber of Shipping (ICS) says that governments must compromise to help IMO agree an ambitious strategy for the further reduction of CO2 emissions by shipping that will match the expectations of the Paris Agreement on climate change. “Governments on all sides of the debate are going to need to show far more willingness to compromise on their current positions or put at risk an agreement on a meaningful strategy.
Guy Platten New Secretary-General of ICS
The Board of the International Chamber of Shipping (ICS) announced the appointment of Guy Platten to the role of Secretary General, after almost five years in the UK Chamber of Shipping. "Following an extensive and rigorous selection procedure, the Board of ICS is delighted to announce the appointment of Guy Platten to the role of Secretary General," said a press release. Esben Poulsson, ICS Chairman said: “This proved a difficult decision for us, as we interviewed several strong candidates. However, the decision to appoint Guy was taken unanimously by the Board.
ICS & CMI Update Campaign on Maritime Treaty Ratification
The International Chamber of Shipping (ICS) – whose member national shipowner associations represent over 80% of the world merchant fleet, and the Comité Maritime International (CMI) – the international association for maritime lawyers, have released an updated brochure to promote the importance of governments ratifying international maritime conventions, especially those adopted by the UN IMO. The aim of the brochure ‘Promoting Maritime Treaty Ratification’ is to encourage more…
ICS Chairman: Shipping Industry Focused on Serious CO2 Emission Reduction
“The world has great expectations for IMO delivering an ambitious greenhouse gas reduction strategy for the international shipping sector. This is the key message from Esben Poulsson, Chairman of the International Chamber of Shipping, speaking on the eve of IMO World Maritime Day, whose theme this year is ‘Connecting Ships, Ports and People’. Mr Poulsson stressed that ICS and its member national shipowners’ associations are committed to helping IMO agree upon some truly ambitious CO2 reduction objectives which IMO can present at the 2018 Conference of Parties to the UNFCCC Paris Agreement.
ICS Launches New Brand
The International Chamber of Shipping (ICS) has used London International Shipping Week to launch a new brand identity, aiming to better serve its role as the global trade association for shipowners, representing national shipowners’ associations from 37 countries and over 80 percent of the world merchant fleet. Speaking from the British Library in London at the brand launch, ICS Chairman, Esben Poulsson explained, “Over the next 30 years, new technologies and environmental challenges…
ICS on CO2 Reduction Objectives
Members of the International Chamber of Shipping (ICS), including the UK Chamber, met last week in Istanbul, where they agreed to set new objectives in reducing carbon dioxide (CO2) emissions from shipping. To reduce international shipping’s total annual CO2 emissions by an agreed percentage by 2050, compared to 2008, as a point on a continuing trajectory of CO2 emissions reduction. The objectives aim to match the ambition of the Paris Agreement on climate change, while keeping CO2 reduction in the hands of the shipping industry itself with the IMO as its regulator.
ICS Seeks Stricter CO2 Reduction Objectives
At its AGM in Istanbul, the International Chamber of Shipping (ICS) agreed to urge the International Maritime Organization (IMO) to adopt some dramatic CO2 reduction objectives – on behalf of the international shipping sector as a whole – in order to match the ambition of the Paris Agreement on climate change. ICS wants IMO to remain in control of additional measures to address CO2 reduction by ships and to develop a global solution, rather than risk the danger of market-distorting measures at national or regional level.
Global Maritime Community Gathers in Singapore
Amid structural and cyclical changes brought about by over-capacity, mega-alliances, increasing digitisation, as well as economic and geopolitical uncertainties, Singapore remains a premier global hub port and leading international maritime centre that held steady growth in 2016. In the face of headwinds, Singapore Maritime Week (SMW) 2017 – organised by the Maritime and Port Authority of Singapore (MPA) – will rally the global maritime industry for a week of discussions and networking to address critical issues impacting the regional and international maritime scene today.
ICS Chairman Outlines Plan for CO2 Reduction
Esben Poulsson, Chairman of the International Chamber of Shipping, has set out what the industry would like the International Maritime Organization (IMO) to achieve as part of its CO2 reduction strategy for the shipping sector. Speaking at The Economist’s World Ocean Summit in Indonesia, Poulsson said that unless IMO makes significant progress the industry could be vulnerable to regional action, not only from the EU – which is considering incorporating shipping into the EU Emissions Trading System – but also from Canada or California, which have already introduced carbon pricing.
Use Training to Direct the Future of Shipping says ICS Chairman
Training acts not only as a career enhancer, but also plays an essential role in the modernisation of the shipping industry as a whole, said Esben Poulsson, Chairman of the International Chamber of Shipping (ICS) today, as he delivered the keynote speech at this year’s Crew Connect Global Conference in Manila. “The future sustainability of the industry requires an evolutionary response to the training and retention of seafarers,“ he stressed. “We need to do more than simply respond to changing needs, we must learn to anticipate them and thereby control the development of the industry.
South China Sea Arbitration: Implications for Maritime and O&G
A recent decision by an international tribunal in The Hague, Netherlands, has significant implications for other maritime disputes, freedom of navigation, and future oil and gas claims in the Arctic. The arbitral award issued on July 12, 2016, by a unanimous five-member panel or Permanent Court of Arbitration (PCA) in the dispute between the Philippines and China over rocks and elevations in the South China Sea, sounded a clarion call for the rule of law and the clearly defined…
Shippers Want Timeline for Emissions Reduction
About 90 percent of global trade is moved by cargo ships which are collectively responsible for about 2.2 percent of the world's total Green House Gas (GHG) emissions (similar to that emitted by international aviation). As a considered response to the Paris Agreement on climate change, the world's national shipowner associations – represented by their global trade association, the International Chamber of Shipping (ICS) – have pledged their support for the development of a timeline for the further reduction of the shipping sector's GHG emissions.
Governments Must Act on Ballast Water Chaos: ICS
The International Chamber of Shipping (ICS) notes Finland’s significant announcement that it has acceded to the IMO Ballast Water Management Convention. This suggests that this new regime, to protect local ecosystems from the impacts of invasive species, will enter into force worldwide during September 2017. ICS therefore reiterates that it is now more vital than ever that IMO Member States finalise the revision of the G8 Type Approval Guidelines for treatment systems at the next session of the IMO Marine Environment Protection Committee this October.
ICS Chariman Sets Shipping Three Challenges
At the annual International Chamber of Shipping (ICS) Conference in London (September 7) – in the presence of IMO Secretary-General, Kitack Lim – the new ICS Chairman, Esben Poulsson, suggested that the shipping industry must respond proactively to three major challenges: maintaining the authority of IMO; addressing the legitimate demand for even greater levels of environmental protection; and making policy makers better aware of the industry’s existing achievements. With respect to protecting the global maritime regulatory system…