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Dr. Ngozi Okonjo-Iweala GCON, the Director-General of the World Trade Organization (WTO), talks to ICS Leadership Insights about geopolitical impacts on trade, globalisation and building a more resilient supply chain for today's modern world.
Artificial Intelligence has the potential to transform the global supply chain, boosting efficiency and cutting carbon emissions. However, its hefty energy demands could pose a serious threat to sustainability as companies seek deeper levels of integration.
Agenda: DEVELOPMENT OF A SAFETY REGULATORY FRAMEWORK TO SUPPORT THE REDUCTION OF GHG EMISSIONS FROM SHIPS USING NEW TECHNOLOGIES AND ALTERNATIVE FUELS. Submitted by Singapore, United Kingdom, BIMCO, ICS and the Nautical Institute.
The International Chamber of Shipping (ICS) is pleased that progress has been made over the past week but much more needs to be done. We are committed to working with Member States over the coming days and months to ensure a transparent, equitable and workable solution is agreed to deliver on the International Maritime Organization’s (IMO) decarbonisation strategy.
Agenda: AMENDMENTS TO MANDATORY INSTRUMENTS. Submitted by Belgium, Liberia, Netherlands (Kingdom of the), Republic of Korea, ICS, INTERTANKO, EUROMOT and IBIA.
Agenda: NAVIGATION, COMMUNICATIONS AND SEARCH AND RESCUE. Submitted by Australia, Austria, Belgium, Brazil, Bulgaria, China, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands (Kingdom of the), New Zealand, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, United Kingdom, European Commission, ICS, BIMCO, IMPA, INTERTANKO and ITF
Emanuele Grimaldi, Chairman of the International Chamber of Shipping and Managing Director of Grimaldi Group, awarded the ‘2024 Capital Link Maritime Sustainability Award’ at the 14th Annual Capital Link Operational Excellence in Shipping Forum. Mr Grimaldi highlighted that best practices are not only vital for safe shipping but also pushes the industry to operate more sustainably. During the keynote address Mr Grimaldi highlighted the plight of seafarers during times of geopolitical uncertainty.
● A new chapter on the European Union Emissions Trading System (EU ETS), addressing the significant confusion surrounding its application to all ships trading in and out of the European Union. ● Exploration of the relationship between greenhouse gas (GHG) emission and underwater radiated noise (URN) reduction measures, highlighting how efforts to reduce one often naturally decrease the other. ● A comprehensive new appendix detailing approximately 100 ways to reduce both GHG emissions and URN. ● Thorough review and update of all content to ensure accuracy and relevance in the rapidly evolving regulatory landscape.
Reducing Greenhouse Gas Emissions: A Guide to International Regulatory Compliance guides shipowners, operators and managers through compliance with the increasingly complex international regulations on reducing GHG emissions. This includes the existing application of the Energy Efficiency Design Index (EEDI) for new ships, Energy Efficiency Existing Ship Index (EEXI), Carbon Intensity Indicators (CII) and submission of Ship Energy Efficiency Management Plans (SEEMPs). The interlinked relationship between reducing underwater radiated noise and GHG emissions is detailed, including a new appendix that lists approximately 100 different reduction measures. A brand new chapter focuses solely on the European Union’s new Emissions Trading System (EU ETS), addressing the significant confusion surrounding its application to all ships trading in and out of the European Union. Readers can expect to be better informed on: • The shipping company’s responsibility under EU ETS • What voyages are covered by the EU ETS • What to include on emissions monitoring plans • How to calculate the amount of allowances owed and more