• 2016 June 6 16:18

    ICS: EU must align Shipping CO2 Rules with International Community

    The member national shipowners' associations of the International Chamber of Shipping (ICS) have agreed to commence a co-ordinated campaign aimed at European Union (EU) institutions, including Member States, Parliament and the European Commission, the organisation said in a press release.

    The goal is to persuade the EU of the vital necessity of aligning its unilateral regulation on the monitoring of shipping's CO2 emissions with the mandatory worldwide CO2 reporting regime that has been agreed by the UN International Maritime Organization (IMO).
     
    In addition to working closely with the European Community Shipowners' Associations (ECSA), ICS says it intends to enlist the support of non-EU governments including the United States, China and other Asian nations.
     
    Speaking after the ICS AGM in Tokyo last week, the (newly elected) ICS Chairman, Esben Poulsson, explained:

    “Shipping is a global industry requiring global rules, in order to have a truly level playing field – otherwise we have chaos.  ICS members greatly welcome the IMO CO2 reporting regime that was unanimously agreed by all IMO Member States in April, as a precursor to further measures that will hopefully deliver a serious contribution from shipping towards reducing the world's CO2 emissions.”

    Mr Poulsson continued:
    “While ICS fully supports the mandatory IMO data collection mechanism, many non-EU governments initially had some reservations which were only overcome by the industry arguing that the alternative to IMO making progress would be a unilateral regional regime being imposed by the EU.  The EU needs to live up to its side of the bargain and align its regime with the IMO system that's now been agreed by the entire international community.”
     
    The EU Regulation on the Monitoring, Reporting and Verification (MRV) of ships' CO2 emissions was adopted in 2015 and will be fully implemented in three years’ time.  But all ships trading to Europe, including non-EU flag ships, will be legally required to comply with some of its provisions by as early as 2017.
     
    Significantly, however, the EU Regulation contains a provision to the effect that the European Commission can propose adjustments to ensure alignment with any similar regime adopted by IMO.
     
    Mr Poulsson added:
    “It is vital that the Commission now commits to the task of modifying its regime to make it compatible with the global system which is about to be adopted by IMO.  Quite frankly, the regional verification mechanism being developed by the EU will not be compatible with the way in which the IMO regime will be enforced by maritime flag states.  It's therefore going to be completely unfit for purpose.  We also suspect that many non-EU shipping nations will be strongly opposed to their ships being required to submit commercially sensitive information for publication by the Commission, at variance to what has been agreed at IMO.”

    Mr Poulsson stressed:
    “The key thing that really concerns the shipping industry is that if the EU refuses to realign its regime with IMO, as its own Regulation permits it to do, this will be perceived by other governments as a sign of bad faith, which could then potentially inhibit the consideration of any additional CO2 reduction measures by IMO.”

    ICS says it is deeply committed to supporting the development of further CO2 reduction measures by IMO, on top of the mandatory IMO CO2 reduction regulations which have been in force worldwide since 2013.

    Immediately after the adoption of the Paris Agreement, in December last year, ICS proposed that IMO should develop an 'Intended IMO Determined Contribution' to reduce CO2 – a suggestion that will be discussed further by the IMO Marine Environment Protection Committee in October 2016.  

    Mr Poulsson commented:
    “The international shipping sector has cut its total CO2 emissions by around 10 per cent since 2007, despite increased maritime trade.  With oil prices having risen some 80% since January, this reinforces how it is truly in every shipowner's interest to do everything possible to further reduce fuel consumption and thus cut CO2.

    Further measures at IMO will help the industry deliver this.  So the last thing we want is intransigence from EU climate change officials that will seriously frustrate and complicate this IMO process, which is what we fear will happen if the EU refuses to do what it promised to do.

    It’s worth reiterating, yet again, the industry's strongly held view that as a global industry we need a global framework.  Only IMO is equipped to provide this.”




2019 February 16

10:26 Chevron inks new LNG agreement with GS Caltex

2019 February 15

18:05 Noble Corporation announces purchase of a second newbuild jackup rig from PaxOcean
16:57 Port of Goole powered by £1 million solar installation
16:26 ABP continues support of Felixstowe Volunteer Coast Patrol Rescue Service
15:30 Sea Cup 2019 preliminaries kick off in Kamchatka
15:04 CNIIMF authorized to confirm conformity of dangerous cargo containers
13:59 Nevsky Shipyard starts cutting metal for cargo-passenger ship of PV22 project
13:32 Murmansk Sea Fishing Port handled 5,500 tonnes fish in Jan’2019, down 48% Y-o-Y
13:08 Fincantieri and Princess Cruises celebrate three construction milestones of three “Royal” class ships at the Monfalcone shipyard
12:45 Dredging under Sea Port Sukhodol project to exceed 7 mln cbm – details to be covered at the Congress
12:08 Port of Oakland import volume increased 9 percent January 2019
11:46 8 vessels escorted by icebreakers in eastern part of Gulf of Finland during 24 hours on February 14-15
11:27 Okskaya Sudoverf lays down seventh dry cargo carrier of Project RSD32M
11:08 DNV GL and Metalships & Docks ink class agreement for luxury sailing vessel
10:53 Throughput of Ukraine’s seaports in Jan’19 grew by 3.4% Y-o-Y to 11.19 million tonnes
10:29 Brent Crude futures price is up 0.63% to $64.98, Light Sweet Crude – up 0.57% to $54.72
10:08 EFIP welcomes the adoption of the European Parliament resolution on NAIADES II
09:41 Bunker prices are going up at the port of Saint-Petersburg, Russia (graph)
09:16 Baltic Dry Index up down to 628 points
09:07 ICTSI inaugurates the expansion of its Batumi International Container Terminal
08:07 MAN Energy Solutions wins contract to supply the engines for a new harbour tug in Spain
07:41 Inmarsat announces new initiatives to support maritime, ports and logistics start-ups with Rainmaking and Bluetech

2019 February 14

18:03 Austal's LCS 20 completes acceptance trials
17:44 Royal Navy to discuss the future of unmanned and autonomous naval warfare at SMi's 3rd annual Unmanned Maritime Systems Technology 2019
17:22 Freight turnover of Neva-Metal (Saint-Petersburg) in January 2019 fell by 26% Y-o-Y to about 190,000 tonnes
17:03 MOL Techno-Trade takes part in marine environmental protection program
16:25 VTB acquires 100% of Novorossiysk Grain Terminal from NSCP Group
16:03 Port of Virginia container volume up 8.9% to 134,638 TEU in January 2019
16:03 Expert expects uncertainty on global fuel market next week
15:49 “K” Line’s LNGC makes maiden call from Ichthys LNG Project to Naoetsu LNG Terminal in Japan
15:40 BSTDB to finance construction of Lavna coal terminal under agreement with STLC
15:21 2nd Conference “Dangerous cargoes: new transportation requirements” to be held under the auspices of RF Chamber of Commerce and Industry
15:03 ONE renewes own loading record exceeding 19000TEUs
14:33 Maersk and PBF Logistics LP announce agreement for production and storage of 0.5% sulphur fuel on the U.S. East Coast
14:02 Port of Long Beach volumes decrease 0.1 percent to 657,286 TEU in Jan 2019
13:50 Multipurpose Transshipment Complex to be built in Primorsk
13:32 Port of Los Angeles volumes up 5.4 percent to 852,449 TEUs in January 2019
13:02 Port of Rotterdam throughput volume up to 469.0 million tonnes in 2018
12:46 Supply vessel OCEAN COOPER 2 sinks in Singapore waters
12:25 Baltic Sea Region cruise ports commit to reducing negative ecological impacts
11:27 Bunker prices are flat at the Far East ports of Russia (graph)
11:09 Port of Marseille-Fos to deliver the first phase of the subsea cable landing infrastructure by Q3 2019
10:31 9 vessels escorted by icebreakers in eastern part of Gulf of Finland during 24 hours on February 13-14
10:09 GTT receives an order from Samsung Heavy Industries for the tank design of a new LNG Carrier for Minerva Gas
09:44 Brent Crude futures price is up 0.66% to $64.03, Light Sweet Crude – up 0.58% to $54.21
09:25 Baltic Dry Index is up to 608 points
09:08 ABB to power Iceland’s first electric ferry ABB to power Iceland’s first electric ferry

2019 February 13

18:10 Shell and partners start deep-water production at Lula North in Brazil
17:46 OLT Offshore LNG Toscana Regasification Terminal works at almost full capacity
17:23 Excelerate’s Northeast Gateway Deepwater Terminal reached a peak send-out flow rate
16:58 Bunker sales at the port of Singapore in Jan’2019 fell by 8.9% Y-o-Y to 4.12 million tonnes
16:29 II HES and Dredging Forum to address deep-water routes to Sabetta and Novoportovsky terminal
15:57 Port of Singapore throughput in Jan’2019 fell by 2.4% Y-o-Y to 51.93 million tonnes
15:32 Throughput of Russian seaports in Jan'2019 grew by 5.6% Y-o-Y to 67.6 million tonnes of cargo (detalization)
15:05 Bank VTB acquired 50 percent minus one share in United Grain Company
15:04 NYK conducts crisis-response drill with ONE
14:56 DNV GL and Metalships & Docks ink class agreement for luxury sailing vessel
14:03 WMU and Japan cooperate on advancing BBNJ discussions
13:37 New Freeport of Riga Development Programme provides for expanded port operations
13:14 MOL Chemical Tankers and Den Hartogh Logistics form strategic alliance