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G7 countries target global net-zero shipping by 2050

Seven of the world’s biggest economies have reaffirmed their commitment to more stringent emission targets for international shipping. The G7 Ministers’ Meeting on Climate, Energy and Environment on April 15-16 noted the group’s common aim of working towards an IMO greenhouse gas (GHG) target of net-zero emissions by 2050, with new intermediate targets in 2030 and 2040.

25 April 2023 News

Cautious optimism as UAE bucks abandonment trend

As recently as December 2022, the UAE was listed as the country with the highest incidence of abandonment in the world - ICS recorded 29 such cases during the course of the year. Fast forward less than four months and welfare groups have noted, despite increasing prevalence worldwide, a significant drop in the number of UAE cases, with just one case reported in the first quarter of 2023.

25 April 2023 News

Trade woes for South Asian nations

A series of ‘once in a lifetime’ shocks destabilised South Asian economies last year. Can growing participation in global trade provide a lifeline?

24 April 2023 Article

Kenneth Lim: Heavy hitter

The Port of Singapore has cemented its position as a key maritime hub, leading the charge on decarbonisation, digitalisation and supply chain resilience. Kenneth Lim, Assistant CEO, Maritime and Port Authority of Singapore (MPA) tells ICS about the factors contributing to its ongoing success.

18 April 2023 Article

New IPCC report urges rapid advancement of Net Zero targets

The latest findings of the Intergovernmental Panel on Climate Change (IPCC) Climate Change 2023: Synthesis Report have prompted UN Secretary General António Guterres to call on all countries to bring forward their net zero plans by a decade to meet greenhouse gas (GHG) targets

18 April 2023 News

ICS Chairman Emanuele Grimaldi meets with CSA leadership and Chinese officials signifying a new era of collaboration

• The International Chamber of Shipping’s (ICS) Chairman Emanuele Grimaldi met with China Shipowners’ Association (CSA) in Shanghai to enhance collaboration between the ICS and China. • Emanuele Grimaldi also met with high-ranking Shanghai government officials to discuss topics at the top of China’s shipping agenda. • The meetings signify a new era of collaboration to address the shipping industry’s collective challenges, building on the already strong relationships between ICS and China.

11 April 2023 Press Release