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The European Commission's (EC) decision to end the Consortia Block Exemption Regulation (CBER) for shipping in April 2024 will not put an end to Vessel Sharing Agreements (VSAs) but industry figures raise uncertainties over costs and administrative complications, which could reshape how VSAs are undertaken.
Supply of core components for renewable energy projects could become a major obstacle to the global energy transition and the availability of green fuels for shipping, according to recent analyses.
Nuclear power may be becoming technically viable for commercial shipping, but policy frameworks and perhaps even shipowning business models will also have to change.
The International Chamber of Shipping (ICS) has announced the launch of the Tanker Safety Guide (Liquefied Gas), fourth edition. This comprehensive guide is the definitive industry best practice guidance for gas carrier operators and a carriage requirement under the national regulations of many flag States.
• The New Zealand Shipping Federation (NZSF) has become a full member of the International Chamber of Shipping (ICS). • New Zealand Shipping Federation has been an affiliate member of the ICS since 2021. • This membership will broaden the geographical range of ICS’s community and help to ensure a balanced view to shape the future of shipping.
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.