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Hong Kong SAR Government and International Chamber of Shipping commit to host high level summit, underscoring the importance of global trade

• Guy Platten and Lam Sai-Hung met in Hong Kong to establish plans for mutual collaboration and to discuss the future of shipping and trade. • The two organisations agree to host summit during Hong Kong Maritime Week in November 2024. • The summit will provide grounds for a high-level discussion that aims to build consensus and provide unique perspectives on critical maritime trade issues.

28 May 2024 Press Release

G7 Transport Ministers meeting in Milan briefed by ICS Chairman, Emanuele Grimaldi, on Security and Decarbonisation

• The International Chamber of Shipping (ICS) Chairman, Emanuele Grimaldi, briefed G7 Transport Ministers in Milan, who were meeting to discuss the importance of maritime connectivity, on the sector’s security concerns. • During the meeting the ICS Chairman highlighted the significance of free trade for the global economy and the industry’s green transition. • Notably, Mr Grimaldi emphasised to the G7 Transport Ministers the continued plight of the 25 Galaxy Leader seafarers who are still being held captive by the Houthis.

15 April 2024 Press Release

Global shipowners body sets out industry principles to combat harassment and bullying

• The International Chamber of Shipping (ICS) launches ‘Industry principles for establishing effective measures to combat and eliminate harassment and bullying in the maritime sector.’ • The free industry guidance sets out five high level and eight detailed principles to successfully address the issue. • ICS submitted the principles to shipping’s global UN regulators, the International Labour Organization (ILO) and the International Maritime Organization (IMO), ahead of a joint meeting alongside governments, shipowners and unions.

21 February 2024 Press Release

Zero Emission Shipping Fund proposal submitted to UN to deliver on shipping’s net zero targets

• 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.

1 February 2024 Press Release

ICS publishes highly anticipated Flag State Performance Table

• Updated Flag State Performance Table shows an increase in positive performance indicators amongst smaller Flag States. • Flag States that have a majority of negative indicators highlights the need to encourage shipowners and operators to examine whether a Flag State has sufficient substance before using it. • Ship operators in dialogue with maritime Administrations are recommended to use the Table to identify areas for further improvement over the next twelve months.

23 January 2024 Press Release

Largest industry gathering at COP28 set out plans to deliver a net zero future

• At the Shaping the Future of Shipping: Delivering a Net Zero World summit a course was set to deliver on the International Maritime Organization’s net zero strategy. • The industry flagship summit convened over 300 maritime and energy sector leaders and key stakeholders, from 30 countries, across the supply chain along with six governments leaders during COP28 at the iconic Museum of the Future.

11 December 2023 Press Release