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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

MEPC 81-7-15 – Comments on document MEPC 81/7/4

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

26 January 2024 Submission

ISWG-GHG 16-2-9 – Advantages of a global maritime GHG pricing mechanism covering all GHG emissions as part of a basket of measures

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

26 January 2024 Submission

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

Shipping Industry Flag State Performance Table 2023/2024

The purpose of this Flag State Performance Table is to encourage shipowners and operators to examine whether a flag State has sufficient substance before using it and to encourage shipowners and operators to put pressure on their flag Administrations to affect any improvements that might be necessary, especially in relation to safety of life at sea, the protection of the marine environment, and the provision of decent working and living conditions for seafarers.

January 2024 Reports, Positions and Papers | Free