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IMO Should Focus on Developing Global CO2 Reporting System Before Looking at Ship Indexing

The IMO Marine Environment Protection Committee (MEPC), which starts on 31 March, will seek to make progress on the development of a global system of monitoring and reporting of CO2 emissions from ships. This is supported by the International Chamber of Shipping (ICS) which has made a detailed submission on the issue to the MEPC meeting on behalf of its member national shipowners’ associations.

21 March 2014 Press Release

Agreement Reached to Increase ILO Minimum Wage for the Able Seafarer

Maritime Employer representatives, coordinated by the International Shipping Federation (ISF), met with International Transport Workers’ Federation (ITF) counterparts this week at the International Labour Organization to review the ILO recommended minimum wage for the Able Seafarer. It was agreed that from 1 January 2015, the ILO minimum monthly basic wage for an AB is increased to US$592 and from 1 January 2016, the basic wage is increased to US$614.

28 February 2014 Press Release

ICS Chairman Praises IMO Efficiency at World Ocean Summit

ICS Chairman, Masamichi Morooka, addressed delegates at the World Ocean Summit organised by The Economist magazine in San Francisco yesterday (25 February), following a key note speech by US Secretary of State, John Kerry, and a video presentation by HRH Prince Charles (of the United Kingdom).

27 February 2014 Press Release

Preliminary comments on proposed changes to the OECD model tax convention dealing with the operation of ships and aircraft in international traffic

In summary, the international shipping industry is broadly satisfied with the status quo with respect to the current text of the Convention, including Article 8. However, with respect to the current text of Article 15, opinions within the shipping industry appear to differ. ICS is cautious about commenting on proposed changes whose wider implications are difficult to fully understand, despite having been carefully studied by our members. ICS therefore suggests that the proposed changes to the OECD Model Convention need to be subjected to a far more comprehensive review.

25 February 2014 Submission

Shipping, World Trade and the Reduction of CO2 Emissions

The international shipping industry is firmly committed to playing its part in reducing emissions of CO2 and other Green House Gases. This brochure, produced by ICS to coincide with the UNFCCC Climate Change Conference in Lima (COP 20), explains the issues involved and the progress being made by the industry and its global regulator - the IMO - to reduce ships’ CO2 emissions.

February 2014 Reports, Positions and Papers | Free