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Foreign Shipowners Encourage China to Resolve VAT Problems

The Chairman of the International Chamber of Shipping (ICS), Mr Masamichi Morooka, has written to the Chinese Minister of Finance, encouraging the Chinese Government to continue its efforts to find a solution to the problems created by the application of Value Added Tax (VAT), since 1 August, to the transport and logistics services provided by ‘Wholly Foreign Owned Shipping Companies’.

31 October 2013 Press Release

Shipowners Call for Sustainable Regulation on IMO World Maritime Day

The global trade association for the shipping industry, the International Chamber of Shipping (ICS), has called for all future proposals for environmental regulation that impact on ships to be subjected to a full and proper cost benefit analysis before adoption by the International Maritime Organization (IMO).

26 September 2013 Press Release

International Chamber of Shipping Challenges Proposed New Accounting Standards

The global trade association for shipowners, the International Chamber of Shipping (ICS), has submitted detailed comments to the International Accounting Standards Board (IASB) on its controversial proposals to overhaul international accounting rules for leases, which could have an impact on contracts used in international shipping, including those governing operational arrangements.

24 September 2013 Press Release

International Chamber of Shipping Meets in London

The Board of Directors of the International Chamber of Shipping (ICS) representing national shipowners’ associations from the Americas, Asia and Europe met in London last week.

13 September 2013 Press Release

Port State Enforcement of ILO MLC – ICS Issues Free Advice to Shipowners

The International Chamber of Shipping (ICS), whose member national shipowners’ associations negotiated the text of the ILO Maritime Labour Convention (MLC), has issued advice to shipowners to help them pre-empt port state control problems when the Convention enters in force, next month, on 20 August.

12 July 2013 Press Release

ICS Meets in Oslo

The International Chamber of Shipping (ICS) held its Annual General Meeting in Oslo from 5-7 June at the Norwegian Shipowners’ Association (NSA).

10 June 2013 Press Release

ICS Meets with Ministers to Discuss Arctic Shipping

At a Summit in Oslo on 5 June, Board Members of the International Chamber of Shipping (ICS) met with Ministers from major shipping nations and the Secretary General of the International Maritime Organization (IMO) to discuss Arctic Shipping.

6 June 2013 Press Release

Shipping Faces Half Trillion Dollar Environment Costs, ICS Chairman Tells Nor-Shipping

Speaking to delegates at the opening of the Nor-Shipping event in Oslo today, the Chairman of the International Chamber of Shipping (ICS), Masamichi Morooka, said that impending new legislation to protect the environment potentially presented an additional industry-wide cost of more than half a trillion US dollars between 2015 and 2025. This is around 50 billion dollars of additional capital and operating cost in every single year for a 10 year period and beyond.

4 June 2013 Press Release

ICS Launches its Annual Review of Shipping Developments

The International Chamber of Shipping (ICS) has published its latest Annual Review of maritime policy and regulatory developments, in advance of its Annual General Meeting, which is being hosted by the Norwegian Shipowners’ Association in Oslo from 5-7 June.

30 May 2013 Press Release