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Friend-shoring supports ocean volumes

Demand for shipping is benefiting from a global trend in international relations where nations increase trade with allies, a shift known as friend-shoring.

ICS Letter to the Government of Bangladesh on the Bangladesh Flag Vessel (Protection of Interest) Act of 2019

A letter sent by the International Chamber of Shipping to the Government of Bangladesh regarding the implications of the Bangladesh Flag Vessels (Protection of Interest) Act 2019 and the corresponding Ministry of Shipping Notification (S.R.O. No.- 29-Act/2023) published on 5 February 2023, both of which impose cargo preference provisions for the transportation of Bangladesh cargo by Bangladesh-flagged vessels.

Shipping Industry Submission Regarding Pillar Two Substance-Based Income Exclusion for Mobile Assets and Employees

ICS, CLIA, WSC and ECSA response to the OECD Secretariat’s request for industry input relating to possible options for the Substance-based Income Exclusion (“SBIE”), as set forth in Article 5.3 of the GloBE Rules, as applied to mobile assets and employees, and in particular to ships and their crew.

ICS Maritime Barometer Report 2022-2023

The first full-scale survey of risk and confidence among maritime leaders, this report presents insights into the issues preoccupying key maritime decision-makers and how they are placed to manage their impact.

Recommendations of ICS, WSC, AND ECSA in Respect of Possible Revisions to Article 8 of the UN Model Tax Convention

Recommendations of ICS, WSC and ECSA in respect of the March 10, 2023, note of a Subcommittee (“March 2023 Subcommittee Note”) of the Committee of Experts on International Cooperation in Tax Matters (“UN Tax Committee”) concerning possible revisions to Article 8 (international shipping and air transport) of the United Nations Model Double Taxation Convention between Developed and Developing Countries (“UN Model”).

Trade woes for South Asian nations

A series of ‘once in a lifetime’ shocks destabilised South Asian economies last year. Can growing participation in global trade provide a lifeline?

Kenneth Lim: Heavy hitter

The Port of Singapore has cemented its position as a key maritime hub, leading the charge on decarbonisation, digitalisation and supply chain resilience. Kenneth Lim, Assistant CEO, Maritime and Port Authority of Singapore (MPA) tells ICS about the factors contributing to its ongoing success.

ICS Letter for the Indian Authorities

Caution around revised Chinese port crew change rules

Although the Chinese government has lifted restrictions on crew change, confusion about these changes abound - with some ports still enforcing the requirements imposed almost three years ago when the pandemic began.

Shipping Industry Flag State Performance Table 2022/2023

This 2022/2023 edition was withdrawn in January 2024 and replaced by the 2023/2024 edition. The purpose of this Flag State Performance Table is to encourage shipowners and operators to examine whether a flag State has sufficient substance before using it and to encourage shipowners and operators to put pressure on their flag Administrations to affect any improvements that might be necessary, especially in relation to safety of life at sea, the protection of the marine environment, and the provision of decent working and living conditions for seafarers.