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Piracy is a persistent threat to the shipping industry and remains a point of concern across the world’s oceans. In the years since the height of the 2008 piracy crisis, a consistent international effort has successfully lowered the frequency of piracy attacks in previously high-risk regions. ICS believes that continued cross-stakeholder coordination is critical to effective risk-management and response during incidences of piracy.
In November 2019, ICS formally opened its new ICS (China) Liaison Office, in Hong Kong SAR
Forum for discussion of ship construction, equipment and other ship system matters, reporting to the ICS Marine Committee.
Graph and Table to show the tonnage of dead weight for various countries
Graph and Table detailing key statistics about Major Flag States in the Shipping Industry
The worldwide population of seafarers serving on internationally trading merchant ships is estimated at 1,892,720 seafarers, of which 857,540 are officers and 1,035,180 are ratings.
As in all transport sectors, lives are sadly lost as a result of accidents at sea. Disappointingly, there has been a rise in fatal accidents in the last two years, although the loss of life in shipping is in fact relatively modest, and the overall trend is one of reduction in the number of fatalities, which is all the more impressive in view of the growth in the number of ships in the world fleet.
Relatively few ships actually sink at sea. The vast majority of the following "losses" simply refer to ships which are damaged and "written off" by the hull insurers as being beyond economical repair - described by underwriters as "total constructive losses".
The following are the major international shipping conventions, adopted by the International Maritime Organization (and the International Labour Organization) concerning safety and pollution prevention.
The outbreak of COVID-19 has brought unprecedented disruption to the shipping industry, and requires a collective, solution-driven approach