News

International Chamber of Shipping statement on the recent attacks against commercial ships transiting the southern Red Sea and the Gulf of Aden

Countdown commences to flagship maritime event at COP28

In just under three weeks maritime and energy sector leaders will convene with governments and key stakeholders across the supply value chain at COP28 at the Shaping the Future of Shipping: Delivering a Net Zero World Summit in Dubai.

Magda Kopczynska: Resilience without borders

Magda Kopczynska, director-general of the European Commission’s Directorate-General for Mobility and Transport (DG MOVE) talks to ICS Leadership Insights about building sustainability and resilience into the European transport network.

Foreign and national investor interests must align to unlock decarbonisation dividend for LDCs

Least Developed Countries (LDCs) will only be able to reap their vast potential to become knowledge-based manufacturing hubs for the green transition with a major realignment of national and international investor interests, according to Rebecca Grynspan, Secretary General of the United Nations Conference on Trade and Development (UNCTAD).

Vessel orders could outpace green methanol supply

One of the world’s leading methanol suppliers has highlighted a gap between expected production of green methanol, derived from renewable hydrogen and captured carbon, and the number of ships expected to be delivered with capability to use the carbon-neutral fuel.

Oman positioning as global green fuel hub

As Oman ramps up production of green hydrogen, ammonia and methanol in pursuit of lofty production targets, the Sultanate is eyeing bunkering as an offtaker for its green fuels.

Ammonia: The chemical chameleon underpinning green ambitions

It already keeps buildings cool, purifies water, bolsters agricultural yields and is one of seven base ingredients from which all chemical products are made, from plastics to textiles to medicines.

Supply chain and turbine operation challenges pose threat to renewable fuel generation

The wind required by shipping to produce its renewable fuels could be hampered after a new report revealed that supply chain issues and turbine operations were major challenges to wind production.

Simplified Global GHG Fuel Standard for marine fuels put forward to help meet net zero target

• The International Chamber of Shipping (ICS) and the International Bunker Industry Association (IBIA) have joined forces to submit a proposal for a simplified Global GHG Fuel Standard for the next round of International Maritime Organization (IMO) greenhouse gas negotiations. • The ICS/IBIA proposal provides for a crucial streamlined voluntary “energy pooling compliance mechanism” to address the possibility of fuel producers being unable to supply new fuels in sufficient quantities. • To ensure agreement at IMO by 2025, industry’s simplified approach will minimise administrative burden for governments, especially for developing countries, whose support will be vital to taking the fuel standard forward globally.

New study launched highlighting the positive impacts of turning down the volume

• New study by the University of Southampton, commissioned by the International Chamber of Shipping, highlights synergies between the implementation of energy efficiency measures and reduction of underwater radiated noise (URN). • In July this year the Marine Environment Protection Committee (MEPC 80) endorsed revised non-mandatory International Maritime Organization (IMO) guidelines on the reduction of URN that applies to new and existing ships. • Shipowners and the environment can co-benefit by reducing underwater radiated noise.