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New guide to reducing GHG emissions in shipping launched by ICS

● 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.

17 September 2024 Press Release

New Lloyd’s Open Form Default Clause introduced today

The LMA and ICS wanted to make a clause available to their members, designed to: Ensure that in the event of an emergency, it is clear that the master and / or owners can proceed to use LOF to obtain salvage services without delay; The LMA and ICS also wanted to set out a clear procedure for dealing with emergency circumstances where there is no immediate danger; The clause also sets out a process for owners to notify hull underwriters and take their views as to the appropriate contract to be used in such circumstances (whether LOF or some other contract).

12 September 2024 Press Release

Maritime leaders’ confidence on the rise amidst increased geopolitical risk

New report launched at International Chamber of Shipping Board Meeting illustrates and examines the key areas of concern for shipowners, managers, and industry. Year-on-year data from the ICS Barometer suggests growing confidence in maritime leader’s ability to manage key risks despite the challenging operating environment. Protectionism highlighted as a growing risk for shipping’s decision makers.

10 September 2024 Press Release

ICS Publications announces the launch of “A Practical Guide to Shipboard Inspections”

International Chamber of Shipping (ICS) Publications is proud to announce the release of its latest publication, A Practical Guide to Shipboard Inspections. This first edition comprehensive guide is designed to assist the maritime industry in preparing for and navigating the myriad of inspections that ships are subject to.

9 September 2024 Press Release

New proposal urges governments to ‘bite the bullet’ to meet net zero 2050 targets

• To help achieve net zero shipping emissions by 2050, shipping industry joins Bahamas and Liberia in comprehensive new proposal to IMO, for an annual greenhouse gas (GHG) emission fee. • Revenue generated will support feebate (rewards) programme to incentivise accelerated production and uptake of zero/near-zero GHG marine fuels, plus a separate IMO Fund to be allocated billions of dollars annually to support maritime GHG reduction efforts in developing countries. • ICS emphasises that delivery of IMO GHG reduction targets for 2030, 2040 and 2050 will only be plausible if governments ‘bite the bullet’ and adopt a maritime GHG emission pricing mechanism in 2025 for global implementation in 2027.

12 August 2024 Press Release

New hydrogen demand report unveils once in a generation opportunity

The International Chamber of Shipping (ICS) launches new report identifying that heavy Industry sector are expected to dominate global hydrogen demand to 2050, with South Korea, Japan and Europe being the first markets for hydrogen. However, analysis of current hydrogen demand scenarios shows tremendous volatility, increasing uncertainty for businesses and investors.

1 August 2024 Press Release

Guy Platten honoured with WISTA’s Man of the Year Award

• ICS Secretary General, Guy Platten, honoured with Man of the Year award at WISTA UK 50 Year anniversary event on Wednesday 17 July. • The award ceremony took place at the International Maritime Organization (IMO) Headquarters in London. • The Man of the Year awards is presented to leader’s who have supported gender diversity and inclusion in the maritime industry.

18 July 2024 Press Release

ICS Publications announces the launch of the Global Health Emergency Guide, First Edition

International Chamber of Shipping (ICS) Publications is proud to announce the launch of the ‘Global Health Emergency Guide: Helping Shipping Companies Prepare, Act and Recover,’ a comprehensive resource designed to aid shipping companies and crew in preparing for, responding to, and recovering from global health emergencies.

1 July 2024 Press Release

Emanuele Grimaldi re-elected as Chairman of the International Chamber of Shipping

• Emanuele Grimaldi has been unanimously re-elected as Chairman of the International Chamber of Shipping (ICS) during the Annual General Meeting in Montreal. • Mr Grimaldi will continue to lead the ICS on key issues in the maritime sector including decarbonisation, increased protectionism, seafarer safety, and digitalisation.

20 June 2024 Press Release

Industry leaders call on governments to recognise impact of increasing protectionism globally at leading Summit in Montreal

The International Chamber of Shipping (ICS) and the Chamber of Marine Commerce, Canada (CMC) convened industry leaders in Montreal on Thursday 13 June to discuss the challenges and risks to global trade at the flagship Shaping the Future of Shipping Summit. Top of the agenda were the critical issues impacting maritime sector including increased protectionism, global geopolitical conflicts, decarbonisation and future fuels, and the importance of seafarers. Industry leaders called on governments to recognise the negative impacts to global trade that increased protectionism is having.

17 June 2024 Press Release