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Oversupply Still Major Challenge Warns ICS

Speaking in Istanbul, Simon Bennett, Deputy Secretary General of the International Chamber of Shipping (ICS) warned today that avoiding overcapacity and unsustainably low freight rates is still a major challenge ten years after the massive downturn of 2008.

3 April 2019 Press Release

ICS Deeply Concerned by Mediterranean Migrant Rescue Incident

The International Chamber of Shipping (ICS), which represents the global shipping industry, is very concerned by reports that a merchant ship, the Palau-flagged tanker ‘Elhiblu 1’, had been taken over by migrants rescued in the Mediterranean Sea, reportedly because the ship was going to return the some 100 rescued persons to Libya.

28 March 2019 Press Release