• 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.”




2018 December 13

10:16 Crude oil futures gain to $ 60,44 (Brent) and $ 51,32 (WTI)
09:07 Baltic Dry Index down 0.81% to 1353 points
08:34 CMA CGM receives the Environment Award at the Lloyd’s List Global Awards

2018 December 12

19:08 Hapag-Lloyd announces General Rate Increase from East Asia to USA and Canada
18:30 MEYER WERFT handed over AIDAnova to AIDA Cruises
18:21 IMO led panel discussion on wreck removal challenges at Salvage & Wreck Removal Conference in London
18:00 Newbuilding methanol carrier for Proman Shipping named CASTARA
18:00 Rosneft develops innovations for Russian Zvezda super-shipyard
17:46 Damen signs with Port Nelson for ASD Tug 2411
17:37 Almaz shipyard lays down icebreaker of Project 21180М, Yevpaty Kolovrat, for RF Navy
17:14 Comprehensive plan for NSR development to be ready by February 2019 – Yevgeny Ditrikh
16:49 Investments in the Arctic by 2024 estimated at RUB 5.5 trillion - Dmity Kobylkin
16:23 Vladimir Putin orders to look into creation of port SEZ at Olya port in Arkhangelsk Region
15:50 Throughput of Russian seaports in 11M’18 grew by 4.2% Y-o-Y to 746.8 million tonnes (detalization)
15:26 Okskaya Sudoverf launches first dry cargo carrier of Project RSD32M
15:02 American Petroleum Institute (API) awards bolt fatigue testing program contract to DNV GL
14:25 Giant Octopus added to the CPC’s stock of ER equipment
14:01 London hosts global port environment experts
13:20 Pola Anatolia, dry cargo ship of RSD59 design, successfully passed sea trials
13:01 Newcastle Container Terminal to deliver savings for regional NSW
12:36 Sovcomflot BoD considered the Group’s financial plan for 2019 and a forecast for 2020-2021
12:01 Diana Shipping announces time charter contract for m/v Ismene with Koch
11:49 Yury Trutnev appointed as head of revised State Commission for Arctic Development
11:22 Three icebreaker escort operations performed in eastern part of Gulf of Finland during 24 hours on December 11-12
11:00 COSCO SHIPPING Ports partners with Abu Dhabi Ports to create regional trading hub and Middle East gateway for Belt and Road
10:47 Throughput of Rostov-on-Don port in 11M’18 up 15% Y-o-Y to 22.9 million tonnes
10:20 Brent Crude futures price up 1.16% to $60.9, Light Sweet Crude – up 0.67% to $52.3
10:11 Full bonded area is opened in Port Bronka
10:01 WMU welcomes ITF General Secretary and President
09:59 GTT receives an order for the tank design of two new LNG carriers
09:44 Bunker prices continue going down at the Port of Saint-Petersburg, Russia (graph)
09:16 Baltic Dry Index is down to 1,364 points
09:15 LNG carrier Christophe de Margerie loads first cargo from Yamal LNG third train
08:28 Boskalis Ndurance’ cable trencher successfully tested at Alexiahaven
08:05 Maritime Blockchain Labs announces new consortium to improve crew management

2018 December 11

17:59 ASW Severomorsk of RF Navy's Northern Fleet makes a call to the Republic of Djibouti
17:33 Diesel submarine of RF Navy’s Pacific Fleet conducted training exercise in the Sea of Japan
17:10 Port of Antwerp International to consult USPA on tariff setting, concession and environmental policy
16:46 Van Oord supports the 6th Forum of Dredging Companies as its Sponsor
16:21 Yamal LNG reached full capacity
16:02 Hapag-Lloyd announces rates from Indian Subcontinent & Pakistan to North Europe
15:32 Georgia Ports Authority on track for 4.3M TEUs in 2018
15:20 Four new sponsors confirmed to join line-up at 2019’s Maritime Reconnaissance and Surveillance Technology conference
15:02 Hapag-Lloyd announces rates from Middle East to North Europe
14:48 Draft law on Arctic administration approved in the third reading by Russia’s State Duma
14:32 ECSA welcomes the decision by the EU Commission to update the EU list of ship recycling facilities
14:02 Global Ship Lease announces new long-term charter agreements with CMA CGM
13:32 Maersk Broker Bulk Chartering and Wonsild Dry to merge as of January 2019
13:15 Throughput of port Kavkaz in 11M’18 grew by 13% Y-o-Y to 45.61 million tonnes
13:02 COSCO SHIPPING Ports and Abu Dhabi Ports inaugurate CSP Abu Dhabi Terminal
12:46 Throughput of Russian seaports in 11M’18 grew by 4.2% to 746.81 million tonnes
12:13 Alfa Laval sells more than 100 GCU units for LNG newbuilds
12:01 Overseas Shipholding Group and American Shipping Company jointly announce extension of tanker charters
11:44 One icebreaker escort operation performed in eastern part of Gulf of Finland during 24 hours on December 10-11
11:40 The second phase of IMO-implemented safe and sustainable ship recycling project in Bangladesh starts
11:17 Bunker prices are flat at the Far East ports of Russia (graph)
10:58 NYK сoncludes long-term charter agreement for three LNG carriers with MC
10:30 MAN Cryo and partners develop marine liquid-hydrogen fuel-gas system
10:05 Port of Gdansk reports new quarterly record
09:39 Brent Crude futures price up 0.37% to $60.19, Light Sweet Crude – up 0.31% to $51.16