Shipping Industry Urges G20 to Keep Freight Flowing
Ships and their crews must be able to trade freely with minimal port restrictions to ensure supply lines don't freeze up while the coronavirus shuts down much of the globe, shipping and port officials said on Tuesday.After draconian steps to stop the spread of the virus, China's economy is slowly coming back online but logistics chains are backing up in other parts of the world.This has been compounded by ships being quarantined for up to two weeks and seafarers held up as countries impose lockdowns to stop the spread of the virus.The International Chamber of Shipping (ICS) association…
Western Supply Chains Buckle as Coronavirus Lockdowns Spread
Freight carriers are struggling to deliver goods by land, sea or air as the coronavirus pandemic forces Western governments to impose lockdowns, threatening supplies of vital products including medicines into the most affected areas, such as Italy.While China's draconian steps to stop the spread of the virus are now allowing its economy slowly to come back online, supply chains are backing up in other parts of the world.Problems ranging from finding enough truck drivers to restrictions on seafarers and a lack of air freight are hitting the smooth flow of goods…
ICS Issues Coronavirus Guidance
The International Chamber of Shipping (ICS) has issued new guidance for the global shipping industry to help combat the spread of the Coronavirus (COVID-19). The comprehensive 22-page document has been produced in collaboration with prominent international bodies including:• The World Health Organization (WHO)• The International Maritime Organization (IMO)• The European Centre for Disease Prevention and Control (ECDC)• The International Maritime Health Association…
Tanker Rates Plunge Over 80% as Virus Torpedoes Shipping
Tanker charter rates have plunged more than 80% as the coronavirus outbreak slams the brakes on major economies, costing the sector hundreds of millions of dollars in lost business, a senior shipping industry official said.While some of the revenue is gone for good, a trade rebound could put the sector back into calmer waters later this year, International Chamber of Shipping (ICS) Secretary General Guy Platten told Reuters in an interview on Wednesday.The ICS is the main trade association for merchant shipowners and operators…
Shipping Industry Faces $370 mln Hit From New Panama Canal Charge
A new "freshwater" charge that came in this month to help the Panama Canal cope with climate change will cost the shipping industry up to $370 million a year, marking another blow for maritime companies already hit by fallout from the coronavirus.The Panama Canal, one of world's busiest shipping routes, which handled nearly 14,000 transits last year, said last month it would introduce a charge from Feb. 15 of $10,000 for any vessel more than 125 feet long.The canal, which relies on water from nearby Gatun Lake, has been hit by drought which affects water levels in the chokepoint.
Ships to Face 30% Higher Costs at Panama
The Panama Canal will begin collecting a freshwater surcharge from ships using the waterway from 15th February, as part of actions to address a scarcity of rainfall after the surrounding area recorded its fifth driest year of the last seven decades in 2019.The charge will be set at $10,000 for any vessel over 125 feet long. There will also be a variable surcharge based on the level of the Gatun Lake at the time of transit.The International Chamber of Shipping (ICS) calculate this move will increase costs to ships passing through the Panama Canal by up to 15%.
Ferry Industry Sets Pace on Critical Solutions
Interferry CEO Mike Corrigan describes a distinctly upbeat period in the worldwide ferry community – and explains how the global trade association plans to take its support to far-reaching new levels.There are times when the phrase “there are three kinds of lies: lies, damned lies and statistics” seems all too true, but here’s an honest number for you – ferries carry a global total of more than 2 billion passengers a year, which is almost on a par with airlines.Hard to believe? Not for those of us in the industry, but almost certainly for many citizens and politicians.
Ship Industry Proposes $5B R&D Fund to Cut Emission
Shipping associations have proposed creating a research fund with $5 billion raised by the industry to develop technology to help the sector meet U.N. targets on cutting emissions."The global maritime transport industry has submitted a proposal to form the world’s first collaborative shipping R&D program to help eliminate CO2 emissions from international shipping," said a press note from International Chamber of Shipping (ICS).The proposal include a new non-governmental Research & Development organisation to pave the way for decarbonization of shipping.
Interferry Conference Highlights Zero-Emissions
Acknowledging the need to be a leader in the transition to a lower carbon future and eventually net zero emissions, global trade association Interferry convened its 44th annual conference on the theme of innovation - exploring the potential to transform every aspect of the ferry industry. The drive towards zero-emission ferries captured major attention among a record 420 delegates drawn to London earlier this month by a wide-ranging technical, operational and commercial agenda.
Do Ports Need Global Regulation?
Ports are essential for the global supply chain - but do they need more international regulation?High-level speakers engaged in a lively debate at a joint Hutchison Ports, International Maritime Organization (IMO) and IMO International Maritime Law Institute (IMLI) seminar (9 September), to address the question: "Do ports need international regulation?"IMO Secretary-General Kitack Lim reminded the audience that the IMO Convention does give the Organization a mandate to regulate…
Shippers Urge Action on Hormuz Issue
Following the seizure of the oil tanker ‘Stena Impero’ on 19 July, the International Chamber of Shipping (ICS), the European Community Shipowners' Associations (ECSA) and the Asian Shipowners' Association (ASA) jointly urge immediate action by the international community to stop the escalation of tensions and fully respect international law. All countries should ensure the safe passage of merchant vessels, by respecting the Freedom of Navigation enshrined in Article 87(1)a and…
Interferry Charts a Course for Growth
Interferry CEO Mike Corrigan explains why the global trade association is poised to take its work to the next level.While I respect the mantra of cautious optimism, I can’t help feeling genuinely excited that 2019 could prove to be a milestone year in the continuing growth of Interferry’s influence as the global voice of the ferry industry. We’ve come a long way since our US origins in 1976 as what was essentially a networking movement, but developments in recent months already suggest we are on course for yet more enhancement of our present-day worldwide networking and lobbying relationships.
ICS Concern Over Strait of Hormuz Crisis
The International Chamber of Shipping (ICS) is receiving reports that a British registered vessel - Stena Impero - has been diverted from its original course in the Strait of Hormuz while sailing in international waters.Guy Platten, Secretary General of the International Chamber of Shipping said: “We are extremely concerned about this latest development in the Strait of Hormuz, particularly in respect of the safety of seafarers. We call on all authorities to work together to seek…
Private Security in Mideast Gulf Discouraged
Shipping companies sailing through the Middle East Gulf are being urged to avoid having private armed security guards onboard as the risk of escalation in the region rises, industry associations say.Relations between Iran and the West have become increasingly strained after Britain seized an Iranian tanker in Gibraltar last week and London said its warship HMS Montrose had to fend off Iranian vessels seeking to block a British-owned tanker from passing through the Strait of Hormuz.The most recent incidents followed a spate of attacks on tankers since May around the Strait of Hormuz and the Gulf of Oman, which the United States has blamed…
6 Months' Countdown to Global Sulfur Cap
The International Chamber of Shipping (ICS) has issued updated guidance to help shipowners comply with new UN International Maritime Organization (IMO) regulations, with just six months to go until the implementation of the ‘Global Sulphur Cap’ICS said that taking full effect on 1 January 2020 the legal framework will require merchant ships worldwide to use fuel with a sulphur content of less than 0.50 percent or use alternative mitigation technologies.“These new regulations are good for human health and good for the environment.
ICS Concerns About Tanker Attacks
International Chamber of Shipping (ICS), the world's principal shipping organisation, stated that its Board has expressed concern at the serious incidents involving the Marshall Islands flagged ship Front Altair and the Panama flagged Kokuka Courageous, in the Gulf of Oman.Addressing the issue at the ICS Annual General Meeting in the Faroe Islands the Board has expressed the international shipping industry’s alarm at recent incidents in the region affecting ships and their crews.“This suspected attack is a deeply worrying and intolerable situation.
Piracy Threat Persists in Gulf of Guinea
Concerns raised by various industry bodies were supported by figures from the International Maritime Bureau showing that the number of attacks in the Gulf of Guinea region had doubled in 2018.There has also been a marked increase towards kidnapping for ransom and armed robbery incidents.Members of the shipping community, Flag States and Agencies from Gulf of Guinea gathered at the Headquarters of the International Maritime Organization (IMO) for a day-long symposium on Maritime Security in the Gulf of Guinea.
Shipping to Halve Carbon Footprint by 2050
The world's principal shipping organisation, representing around 80% of the world’s merchant tonnage, International Chamber of Shipping (ICS) remains confident that shipping will improve its carbon efficiency by at least 40% by 2030 compared to 2008, in line with the UN International Maritime Organization (IMO) targets to reduce greenhouse gas (GHG) emissions. This follows important decisions made by the IMO Marine Environment Protection Committee (MEPC 74) which met in London this week…
Internet Use Widespread Among Seafarers
The internet access for seafarers for personal use on board ships more widespread and available than previously imagined and the positive benefits associated with this access outweigh the feared safety concerns around the technology, said a survey.The responses to the survey carried out by the International Chamber of Shipping (ICS) and the European Community Shipowners’ Associations (ECSA), with support from the Asian Shipowners’ Association (ASA), indicate that the provision…
ICS Backs IMO's Anti-Corruption Moves
The International Maritime Organization (IMO) has agreed to address maritime corruption by including this important issue in its work programme for the Facilitation Committee.The decision to include an anti-corruption agenda came at the latest meeting of the IMO’s Facilitation Committee (FAL) in response to a submission from Liberia, Marshall Islands, Norway, United Kingdom, United States and Vanuatu. The International Chamber of Shipping (ICS) co-sponsored the submission along with a number of other non-governmental organisations (NGOs).Guy Platten…
ICS Perturbed on Migrant Incident
The International Chamber of Shipping (ICS) is very concerned by reports that a merchant ship, the Palau-flagged tanker ‘Elhiblu 1’, had been taken over by migrants rescued in the Mediterranean Sea, reportedly because the ship was going to return the some 100 rescued persons to Libya.The representative body of the global shipping industry said that it is still establishing the details of the ongoing incident, but welcomes initial reports that the Maltese authorities have taken action to ensure that the situation is safely resolved.ICS Secretary General…
ICS Updates Flag State Performance Table
The International Chamber of Shipping (ICS) has published the latest update of its Flag State Performance Table, which can be downloaded free of charge via the ICS website.The annual update, which is also supported by the Asian Shipowners’ Association (ASA) and the European Community Shipowners’ Associations (ECSA), provides an indication of the performance of individual flag administrations, using information available in the public domain. Since the Table was launched 15 years ago, ICS says it has been pleased by the ongoing improvement which the data has helped to demonstrate.
Industry Calls for Block Exemption Regulation Extension
Four trade associations representing the international liner shipping industry submitted comments to the European Commission supporting extension of the EU consortia block exemption regulation (BER) for an additional five years beyond its current 2020 expiration date.The papers were submitted in the public consultation being held by the Commission’s Directorate-General for Competition (DG COMP) by the World Shipping Council (WSC), the European Community Shipowners’ Associations (ECSA), the International Chamber of Shipping (ICS), and the Asian Shipowners’ Association (ASA).