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Clarity hard to find as ETS enters force

Uncertainties around key parts of the EU Emissions Trading System (ETS) have persisted even after the scheme’s entry into force in January, according to industry experts bracing for the new measure.

7 February 2024 News

Flagship summit drives momentum towards decarbonisation

As the 28th Conference of Parties (COP28) negotiated a historic all-industry consensus to transition away from fossil fuels for the first time, shipping met to discuss the practical steps of achieving that zero-carbon future.

7 February 2024 Article

Zero Emission Shipping Fund proposal submitted to UN to deliver on shipping’s net zero targets

• The International Chamber of Shipping (ICS), the Commonwealth of The Bahamas, and the Republic of Liberia submit detailed proposal to UN IMO for a Zero Emission Shipping Fund to accelerate transition to net zero by 2050. • Fund will incentivise accelerated production and uptake of zero GHG marine fuels and technologies and provide billions of dollars to support transition in developing countries. • Governments urged to approve fit-for-purpose proposals to meet their commitment to adopt a maritime GHG emissions pricing mechanism in 2025.

1 February 2024 Press Release

ICS publishes highly anticipated Flag State Performance Table

• Updated Flag State Performance Table shows an increase in positive performance indicators amongst smaller Flag States. • Flag States that have a majority of negative indicators highlights the need to encourage shipowners and operators to examine whether a Flag State has sufficient substance before using it. • Ship operators in dialogue with maritime Administrations are recommended to use the Table to identify areas for further improvement over the next twelve months.

23 January 2024 Press Release

Joint WSC, BIMCO and ICS statement on Red Sea attacks

The World Shipping Council, the International Chamber of Shipping and BIMCO today expressed their thanks to the 12 nations that have jointly condemned the ongoing illegal attacks on ships in the Red Sea and unlawful detention of vessels and crews there.

3 January 2024 Statement

Jens Meier: Ports in transition

As crucial interconnectors between logistics and clean energy stakeholders, ports are playing a greater role than ever in driving maritime transformation, says new International Association of Ports and Harbors (IAPH) president and Port of Hamburg CEO Jens Meier.

19 December 2023 Article