Joint industry statement on attack on MV True Confidence from BIMCO, International Chamber of Shipping (ICS), Cruise Lines International Association (CLIA), INTERCARGO, INTERMANAGER, INTERTANKO, International Marine Contractors Association (IMCA), European Community Shipowners’ Association (ECSA) and OCIMF.
In advance of the next round of GHG negotiations at IMO, ICS will explain its comprehensive proposal for a Zero Emission Shipping Fund (ZESF), co-sponsored by the Governments of Bahamas and Liberia, to implement IMO's net zero goal for international shipping. The presentation will showcase the ICS prototype for an IMO contribution and reward (feebate) system based on CO2e emitted annually by ships and/or prevented by the use of zero and near-zero GHG fuels.