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International carbon collaboration could reshape shipping markets

Five industries representing more than 50% of global emissions need stronger international collaboration to deliver reductions in line with the Paris Agreement, according to the first report from a new group aiming to reshape major charter markets and accelerate development of green fuels and technologies.

30 September 2022 Article

Leadership Insights Series: Shaping the Future of Shipping

In the latest Leadership Insights webinar, held jointly by the Asian Shipowners’ Association and the International Chamber of Shipping, leaders in shipping from across the Asia Pacific regions came together to discuss outcomes of the Shaping the Future of Shipping summit, and next steps for the shipping industry’s green energy transition.

29 September 2022 News Item

Flip the script: Shipping’s approach to novel technology

Given shipping’s unavoidable mandate to meet fast approaching green targets, many would expect rising innovation and investment in new technologies. However, according to the International Energy Agency, maritime’s research and development spending between 2007-2019 has remained stagnant, lagging far behind other sectors. In contrast to the automotive sector, where spending on R&D increased from 67 billion USD in 2009 to 130 billion USD in 2019, maritime spent just 1.6 billion USD. 

28 September 2022 Article

CII to impact vessel availability

ICS discusses growing concern among shipowners that high CII ratings requirements may create demand for less efficient vessels on challenging routes.

15 September 2022 News Item