Submitted by Canada, Finland, Georgia, the Marshall Islands, Norway, the Republic of Korea, Turkey, CMI, ICS and P&I Clubs
Legal Committee, 105th Session, Agenda Item 11, January 2018.
The Chairman of the International Chamber of Shipping (ICS), Mr Esben Poulsson, has praised the positive role played by the Chinese Government in supporting the global regulatory framework for merchant shipping provided by the UN International Maritime Organization (IMO).
Marine bunker suppliers should anticipate that there may no longer be significant demand for fossil fuels from shipping within as little as 25 years, if not sooner, and that the sector is now on an inevitable trajectory towards a future of zero CO2 emissions.