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Incoming IMO Secretary-General Arsenio Dominguez speaks to ICS Leadership Insights about his vision for a more outwardly-facing industry and regulator – and how that can help steer shipping through a period of dramatic change.
As the 28th Conference of Parties (COP28) negotiated a historic all-industry consensus to transition away from fossil fuels for the first time, shipping met to discuss the practical steps of achieving that zero-carbon future.
Uncertainties around key parts of the EU Emissions Trading System (ETS) have persisted even after the scheme’s entry into force in January, according to industry experts bracing for the new measure.
• The International Chamber of Shipping (ICS), the Commonwealth of The Bahamas, and the Republic of Liberia submit detailed proposal to UN IMO for a Zero Emission Shipping Fund to accelerate transition to net zero by 2050. • Fund will incentivise accelerated production and uptake of zero GHG marine fuels and technologies and provide billions of dollars to support transition in developing countries. • Governments urged to approve fit-for-purpose proposals to meet their commitment to adopt a maritime GHG emissions pricing mechanism in 2025.
Agenda: FURTHER CONSIDERATION OF THE DEVELOPMENT OF CANDIDATE MID-TERM MEASURE(S) IN THE CONTEXT OF PHASE III OF THE WORK PLAN FOR THE DEVELOPMENT OF MID- AND LONG-TERM MEASURES. Submitted by Bahamas, Liberia and ICS
Agenda: REDUCTION OF GHG EMISSIONS FROM SHIPS. Submitted by Australia, Belgium, Brazil, Canada, Denmark, France, Germany, Greece, Ireland, Japan, Netherlands (Kingdom of the), Norway, Switzerland, United States, ICS, OCIMF, INTERTANKO, INTERCARGO, IPIECA, RINA, IBIA, WSC, Pacific Environment, SGMF, IWSA, EDF and ZESTAs
Agenda: DECISIONS OF OTHER BODIES. Submitted by Liberia, ICS and INTERTANKO
Agenda: FURTHER CONSIDERATION OF THE DEVELOPMENT OF CANDIDATE MID-TERM MEASURE(S) IN THE CONTEXT OF PHASE III OF THE WORK PLAN FOR THE DEVELOPMENT OF MID- AND LONG-TERM MEASURES. Submitted by ICS
Agenda: FURTHER CONSIDERATION OF THE DEVELOPMENT OF CANDIDATE MID-TERM MEASURE(S) IN THE CONTEXT OF PHASE III OF THE WORK PLAN FOR THE DEVELOPMENT OF MID- AND LONG-TERM MEASURES. Submitted by Austria, Belgium, Bulgaria, Comoros, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Georgia, Germany, Greece, Hungary, Ireland, Italy, Japan, Latvia, Lithuania, Luxembourg, Malta, Moldova, Montenegro, Namibia, Netherlands (Kingdom of the), Poland, Portugal, Republic of Korea, Romania, Slovakia, Slovenia, Spain, Sweden, Ukraine, ICS, EC and EDF