• 2014 June 19 18:33

    ICS explains shipping industry commitment to reduce CO2 emissions, at ‘Tyndall Centre’ Event in Liverpool

    At a major conference 18 June in Liverpool, United Kingdom, hosted by the renowned Tyndall Centre for Climate Change Research, Peter Hinchliffe, Secretary General of the International Chamber of Shipping (ICS), gave the keynote speech explaining the shipping industry’s commitment to reducing its CO2 emissions, ICS said in its press release.

    Mr Hinchliffe said that shipping is the only industry with a mandatory global regime in place, agreed by the International Maritime Organization (IMO), to reduce its CO2 emissions. “We are therefore already on a pathway to deliver ships by 2030 that will be 30% more efficient than those of just a couple of years ago.”

    He added: “There is a clear mood to address supply chain efficiency at every stage. In particular, the enormous financial pressure of the global recession on freight rates, coupled with virtually year-on-year fuel increases – some 300% over 10 years – has meant that the quest for efficiency is much more than enlightened self-interest and really a means to survive to fight another day.”

    The current focus of ICS is helping to ensure that the existing technical and operational measures agreed by IMO are properly implemented. The desire of some governments to develop additional Market Based Measures remains very controversial. ICS believes that the high cost of fuel – set to increase again as the industry switches to low sulphur bunkers – already means that shipowners have every incentive they need to reduce CO2.

    Mr Hinchliffe explained that many shipowners fear that the motives for developing MBMs seem to be largely political: linked to the high level debates at the UNFCCC climate talks, and more about generating monies from shipping rather than actually reducing emissions. But the priority of ICS was to help ensure that whatever is decided is agreed for global application by IMO. “ICS takes the view and has argued strongly that the only acceptable MBM – if one is required at all – is a fuel levy,” he said.

    However, the IMO debate on MBMs was “on hold” for the time being because the UNFCCC principle of Common But Differentiated Responsibility (CBDR), whereby developing nations wish to accept less ambitious carbon commitments, has yet to be reconciled with the IMO principle of uniform global rules applying to ships of all flags.

    Mr Hinchliffe explained that the current focus of debate at IMO is the monitoring and reporting of individual ships’ CO2 emissions. ICS is pleased that IMO is now making progress on CO2 data collection and hopes that this will be compatible with the regional rules being developed by the European Union.

    “We feel that measuring fuel consumption overall is a good thing and are fairly confident that we have a good story to tell” said Mr Hinchliffe.
    However, ICS maintains concerns about what data collection from individual ships might ultimately be used for, and is opposed to the development of ship indexing based on operational indicators that might be used by governments to penalise older ships unfairly to raise money, leading to serious market distortion.

    As well as addressing regulatory developments, Mr Hinchliffe drew attention to the growing need for the industry to take account of the impacts of climate change on shipping, given that extreme weather events appeared to be becoming more frequent.

    “Currently ships are built to regulatory requirements upon a definition of North Atlantic winter conditions – these determine the strength of the ship, the thickness of steel, the spacing of strengthening beams and so on,” said Mr Hinchliffe. “Will there come a time when the definition will have to be upgraded? If so how soon will that be, bearing in mind the 30 year design life of a ship?”

    He added: “Very few port authorities are doing work to raise infrastructure – higher jetties, higher railway lines and roads – building with a 50 year timeframe in mind. But how many hydrographic offices are thinking about prioritising surveys to ensure that port approaches are surveyed ready for the requirement for new charts in 20 or 30 years’ time – or is it needed sooner than that?”


2019 December 15

16:41 Coast Guard reopens La Quinta Channel near Ingleside, Texas
15:22 Total moves forward on two deepwater projects in the U.S. Gulf of Mexico
14:05 SAL Heavy Lift becomes world’s first to equip vessels with new hydrogen / methanol injection technology
13:16 Nauticor’s "Kairos" received the first LNG bunker license in the Port of Rostock Hamburg
12:01 USCG begins ice breaking operations in western Great Lakes
11:48 Iridium continues GMDSS readiness with announcement of launch partners
10:41 Farid Salem honored by the Lloyd’s List Lifetime Achievement Award

2019 December 14

15:48 USCG returns majority of New York Waterway ferries to service
14:31 SK Telecom and SHI successfully verified 5G-powered autonomous and remote control navigation test platform using a test ship
13:19 Mitsubishi Corporation participates in FPSO project in Brazil
11:54 SEA\LNG's study underlines LNG as a compelling investment solution for VLCCs on the Arabian Gulf to China trade route
10:46 GTT Training receives the ‘LNG World Shipping Safety Award 2019’
08:55 Draft strategy for development of Russia’s Arctic through 2035 to be presented to Vladimir Putin by year end

2019 December 13

18:17 New ecological equipment enters berths of Multipurpose Reloading Complex in Ust-Luga
17:22 Total's Mozambique LNG Project gets $400 mln loan from African Development Bank
17:03 Port of Los Angeles and Indonesia Port Corporation sign cooperative agreement
16:33 ABB wins contract to power Genting’s next-generation cruise vessels
16:12 ABB completes delivery for the world's most advanced icebreaking LNG carrier fleet
16:03 Windermere Lake Cruises new vessel launched in Damen Technical Cooperation project
15:33 MacGregor deck handling solution supports China’s Xue Long 2 icebreaker operation
15:12 Polarcus awarded 10-month acquisition program offshore Brazil
14:32 Rotterdam Port Fund invests in Fleet Cleaner
14:11 Subsea 7 awarded contract offshore Norway
13:43 Moín Container Terminal reaches 1 million TEUs
13:31 New container terminal opens in northern Italy
13:05 Aker Solutions to provide subsea production system for phase two of Aker BP's Ærfugl
12:30 Jifmar Offshore Services acquires Delta Marine
12:04 SBM Offshore signs FPSO Sepetiba contracts
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11:27 Damen signs contract with Cotecmar for DTC hydrographic research vessel
11:12 WMU and EMSA cooperate on capacity building and research
11:03 SAL Heavy Lift becomes world’s first to equip vessels with new hydrogen / methanol injection technology
10:48 Murmansk Sea Fishing Port handled 245,000 tonnes of cargo in 11M’2019, down 20.7% Y-o-Y
10:34 Overseas Shipholding Group and American Shipping Company jointly announce extension of tanker charters
10:24 WMU President reports to the IMO Assembly
09:59 Kawasaki Heavy Industries launches the world's first liquefied hydrogen carrier
09:43 MABUX: Bunker market this morning, December 13
09:29 Brent Crude futures price is up 0.65% to $64.62, Light Sweet Crude – up 0.52% to $59.49
09:13 Baltic Dry Index is down to 1,388 points

2019 December 12

18:36 EBRD finances Tekirdag port on Turkey’s Sea of Marmara
18:05 Dutch Drone Delta established with Port of Rotterdam Authority support
17:51 Port of Southampton continues infrastructure investment with £3m crane
17:30 Baltic Workboats shipyard delivers 19 WP Oilrec workboat
17:05 The European Federation of Inland Ports welcomes the Green Deal for Europe
16:46 MOL orders 2 next-generation 'EeneX' coal carriers
16:43 Throughput of port Kaliningrad in Jan-Nov’2019 fell by 21% Y-o-Y to 10.20 million tonnes
16:26 Klaipėda LNG terminal welcomed three large and four small LNG vessels in November
16:05 Air quality sensor in the Port of Rotterdam checks sulphur emissions from shipping
15:57 Throughput of port Vyborg in Jan-Nov’2019 fell by 35% Y-o-Y to 1.12 million tonnes
15:34 Alewijnse wins electrical contracts for two additional Combi Freighters at Damen Yichang Shipyard
15:00 Throughput of port Vysotsk in Jan-Nov'2019 climbed by 6% Y-o-Y to 17.90 million tonnes
14:36 Krasnoye Sormovo shipyard launches dry cargo carrier Pola Anastasia of Project RSD59
14:12 CMA CGM announces FAK Reefer Rates from North Europe to Asia and Middle East
13:53 Bunker market sees mixed price movements at the Far East ports of Russia (graph)
13:31 NLNG signs sales deal with Vitol SA
13:12 Austal USA delivers USNS Puerto Rico to U.S. NAVY
12:49 Throughput of port Primorsk in Jan-Nov’2019 grew by 16% Y-o-Y to 56.25 million tonnes
12:24 Lead nuclear-powered icebreaker of Project 22220, Arktika, left for sea trials
12:00 ABS publishes Fuel Cell Guidance to support industry decarbonization objectives
11:38 Port of Ust-Luga handled 95.31 million tonnes in 11M’18, up 6% Y-o-Y