China is a hub for global shipping with over 6,000 ships in Chinese ownership, and an additional 2,600 ships under Hong Kong, China ownership. This represents over 15% of the world fleet, second only to Greece.
We have witnessed the tremendous growth of the region, and the Belt and Road initiative is further changing the global dynamics of shipping, which is something that we can all benefit from. In setting up its China office in November 2019, ICS recognises the importance, and the influential role that Asian economies, and particularly China, play on the international stage.
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Current issues in shipping. The role of maritime transport is so important in supporting the resilience of national economies. See how we at ICS are supporting our members and our seafarers.
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The International Chamber of Shipping, the International Group of P&I Clubs, BIMCO and InterManager (the “international industry organisations”) draw Members’ attention to the series of recent ship detentions and crew arrests in Mexico and, in the case of the UBC Savannah, the lengthy and continuing detention in custody of the ship’s Master without any formal charges against him, following the discovery of illegal narcotics on board.
10 May 2020
Press Release
The International Chamber of Shipping (ICS), which represents over 80% of the world merchant fleet, has welcomed the confirmation by the European Commission of the extension of the EU Consortia Block Exemption Regulation (BER), without change to the current EU competition regime until at least April 2024.
24 March 2020
News
The introduction of a global sulphur cap has brought radical change to the industry, raising questions about fuel availability, safety and compatibility.
Current Issue
Shipping is a global industry and therefore requires a global regime for governing the competence standards and certification requirements for the approximately two million seafarers employed throughout the world merchant fleet.
Current Issue
A significant part of ICS resources is dedicated to representing the global industry on a range of complex technical issues covered by the IMO Maritime Safety Committee (MSC) of IMO’s 174 Member States, and its numerous technical Sub Committees and Correspondence Groups.
Current Issue
IMO is a UN Specialized Agency and its authority as shipping’s global regulator is ultimately derived from the United Nations Convention on the Law of the Sea (UNCLOS), which provides the fundamental legal framework for the use and protection of the world’s oceans.
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Ships often operate in difficult sea conditions which present a high degree of physical risk and despite tremendous improvements to the industry’s safety performance, it has not, yet been possible to eradicate, maritime casualties completely.
Current Issue
In March 2019, the Organization for Economic Co-operation and Development (OECD) launched a major public consultation on the development a multilateral digital taxation framework for global application (i.e. not just by OECD nations).
Current Issue