Following the announcement on 10 October 2023 by the European Commission (DG COMP) that it intends to let the sector-specific Consortia Block Exemption Regulation for liner shipping expire in April 2024, the International Chamber of Shipping (ICS), which is the global trade association for shipowners and ship operators in all sectors and trades, made the following comment.
The International Chamber of Shipping (ICS) launches its Carbon Intensity Indicator (CII) Data Collection System today. The purpose of the ICS CII Data Collection System is to support the International Maritime Organization during the formal review of the CII rating system, due to be completed by 1 January 2026. ICS invites shipowners and relevant stakeholders to utilise the ICS Data Collection System to contribute to a fair and successful CII rating system in the future.
Marked at a special ceremony today at the North Bund Forum, the International Chamber of Shipping (ICS), the global trade association for shipowners, has opened a new Representative office in Shanghai.
ICS recognises great importance of Chinese shipping industry and looks forward to continuing collaboration with China Shipowners’ Association which is now a Full ICS Member.
New ICS office is located in the North Bund area of Hongkou District, Shanghai, a prominent global shipping hub.
Shipping leaders should take note of the way recent transport strike action has occurred and been resolved as workers continue to face high inflation and stagnant wages.
Demand for shipping is benefiting from a global trend in international relations where nations increase trade with allies, a shift known as friend-shoring.
This month, ICS Leadership Insights takes a look at the progress and roadblocks being faced by wind assisted propulsion systems in the maritime sector.
Alzbeta Klein, CEO and Director General, International Fertilizer Association, discusses how her industry must balance sometimes competing targets of sustainability and food security
Denmark’s planned creation of an artificial island around 100 km off its coast, which will be surrounded by 10 offshore wind farms, has hit a stumbling block after forecast construction costs significantly exceeded the Danish Government political threshold for profitability.
The shipping industry will come together with ministers at COP28 for a series of events and the annual Shaping the Future of Shipping summit. The United Arab Emirates (UAE) Ministry of Energy and Infrastructure (MOIE) and the International Chamber of Shipping (ICS) unveil COP28 plans following high-profile meeting in July to launch the CEM Hubs initiative. Summit to be held under the patronage of His Excellency Suhail Mohamed Al Mazrouei, United Arab Emirates’ Minister for Energy and Infrastructure on 10 December 2023.