The R&D Fund
To achieve the development of viable zero-carbon emission ships, ICS and its industry partners are proposing the establishment of a groundbreaking $5 billion Research & Development (R&D) fund.
Current issues in shipping
The role of maritime transport is more important than ever in supporting the resilience of national economies during the current crisis. Below current issues paint a picture of the status quo and how we at ICS are supporting our members and our seafarers.
We have also included efforts to decarbonise shipping, including the ongoing negotiations at the UN International Maritime Organization (IMO), and more.
Key Issues
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The COVID-19 Pandemic: Responding to the Operational Challenge
The arrival of COVID-19 has presented truly enormous challenges for the entire maritime transport sector, an industry responsible for moving about 90% of global trade.
The COVID-19 pandemic: The crew change crisis
The continuing inability of ship operators to conduct crew changes has been the single greatest operational challenge confronting the global shipping industry since the Second World War.
The COVID-19 Pandemic: Health Protection of Seafarers
Maintaining the health of seafarers and protecting them from infection remains a critical priority.
The COVID-19 Pandemic: Survey and Certification Issues
The ability of flag state authorities to conduct statutory surveys, and for ships (and seafarers) to be issued with required certification to allow them to continue to trade, emerged as a serious issue at the very start of the pandemic.
OECD Digital Taxation Initiative 2020
In March 2019, the Organization for Economic Co-operation and Development (OECD) launched a major public consultation on the development a multilateral digital taxation framework for global application (i.e. not just by OECD nations).
Canal Tolls
The Panama and Suez Canals are of great commercial importance to the shipping industry. They are critical to reducing voyage times and fuel costs, as well as the sector’s CO2 emissions.
A review of the STCW Convention 2020
Shipping is a global industry and therefore requires a global regime for governing the competence standards and certification requirements for the approximately two million seafarers employed throughout the world merchant fleet.
ILO Minimum Wage 2020
The vast majority of ships’ support level ratings are recruited from developing nations, and the shipping industry is probably unique in that, under the auspices of the International Labour Organization (ILO), it has a recommended global minimum wage for seafarers.
Developments in Maritime Safety 2020
A significant part of ICS resources is dedicated to representing the global industry on a range of complex technical issues covered by the IMO Maritime Safety Committee (MSC) of IMO’s 174 Member States, and its numerous technical Sub Committees and Correspondence Groups.