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A joint formal complaint, which was made alongside the World Shipping Council (WSC) and the European Community Shipowners’ Association (ECSA), regarding the Bangladesh Flag Vessel (Protection of Interest) Act, has been submitted to the European Commission’s (EC) Trade Barrier Reporting Mechanism.
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.
This submission is made on behalf of ICS, the UK Chamber of Shipping, WSC, and ASA (collectively, the “Associations”), in response to the consultation on the CMA’s provisional decision not to introduce a UK-specific block exemption for liner shipping consortia on expiry of the Retained Consortia Block Exemption Regulation (“Retained CBER”).
ICS, WSC and ECSA provide comments in response to the questions posed for discussion by paper E/C.18/2023/CRP44. These comments reflect the written submission made by the cosponsors on 1 May 2023,
ICS letter on the announcement made by the Suez Canal Authority on Monday 16 October 2023 regarding the increase of 5% and 15% to transit dues for vessels transiting the Suez Canal.
The European Commission's (EC) decision to end the Consortia Block Exemption Regulation (CBER) for shipping in April 2024 will not put an end to Vessel Sharing Agreements (VSAs) but industry figures raise uncertainties over costs and administrative complications, which could reshape how VSAs are undertaken.
Demand for shipping is benefiting from a global trend in international relations where nations increase trade with allies, a shift known as friend-shoring.
A letter sent by the International Chamber of Shipping to the Government of Bangladesh regarding the implications of the Bangladesh Flag Vessels (Protection of Interest) Act 2019 and the corresponding Ministry of Shipping Notification (S.R.O. No.- 29-Act/2023) published on 5 February 2023, both of which impose cargo preference provisions for the transportation of Bangladesh cargo by Bangladesh-flagged vessels.
ICS, CLIA, WSC and ECSA response to the OECD Secretariat’s request for industry input relating to possible options for the Substance-based Income Exclusion (“SBIE”), as set forth in Article 5.3 of the GloBE Rules, as applied to mobile assets and employees, and in particular to ships and their crew.
The first full-scale survey of risk and confidence among maritime leaders, this report presents insights into the issues preoccupying key maritime decision-makers and how they are placed to manage their impact.