• 2016 October 5 17:40

    World's National Shipowner Associations press shipping’s global regulator to set timeline for reducing green house gas emissions

    About 90% of global trade is moved by cargo ships which are collectively responsible for about 2.2% of the world's total Green House Gas (GHG) emissions (similar to that emitted by international aviation).  

    As a considered response to the Paris Agreement on climate change, the world's national shipowner associations – represented by their global trade association, the International Chamber of Shipping (ICS) – have pledged their support for the development of a timeline for the further reduction of the shipping sector's GHG emissions.

    ICS has proposed that the details of a CO2 reduction commitment should be developed on behalf of the sector, as soon as possible, by the industry's global regulator, the International Maritime Organization (IMO).

    The goal is to build on the substantial CO2 reductions already achieved by shipping, and the mandatory IMO CO2 reduction regime which is already in force worldwide.

    Responding to the expectation that the International Civil Aviation Organization (ICAO) may reach agreement this week on a CO2 reduction plan for the aviation sector, ICS Chairman, Esben Poulsson, explained:

    “Shipping is the only industrial sector which already has a mandatory global CO2 reduction regime in place, applicable to the entire world fleet and which predates the Paris Agreement by 4 years.  Shipping has a very good story to tell.  The most recent data from 2014 shows that shipping reduced its total CO2 emissions by over 10% in just 5 years, despite continuing growth in maritime trade.”  

    Mr Poulsson added:
    “The binding IMO rules, in force worldwide since 2013, will mean that future ships will be even more efficient and most ships built after 2025 will be at least 30% more efficient than those delivered in the 2000s.  It is amazing to consider that the most efficient ships today only burn 1 gram of fuel per tonne of cargo moved one kilometre.  With bigger ships, better engines, cleaner fuels and operational efficiency measures such as satellite-assisted speed management, we are confident of reducing CO2 emissions per tonne-kilometre by 50% by 2050.”

    Despite their current reliance on fossil fuels, individual ships are becoming far more efficient.  But the industry also wants IMO to respond to the challenge of addressing the total CO2 emissions from the sector if demand for maritime trade continues to increase due to population growth and economic development – factors over which the industry has no control.  

    The first step will be a global CO2 data collection system for ships, which IMO Member States will officially establish this October, with full industry support.  This system should then become fully operational by 2018.

    But ICS asserts that, in the same way that governments under the Paris Agreement have set out Intended Nationally Determined Contributions (INDCs) for reducing the total GHG emissions by their national economies, IMO needs to do something similar on behalf of the international shipping industry, even though it is a sector and not a country.

    ICS Chairman, Esben Poulsson, explained:
    “We wish to see IMO Member States adopt a course similar to that agreed by governments in Paris and which reflects the spirit of the Agreement.  This will help IMO Member States to demonstrate they are serious about building on the real progress already made by the shipping industry to reduce CO2.  Our hope is that this can be done in a way that will also be acceptable to developing nations whose support will be vital if IMO is to continue making progress on a global basis.”

    The Paris Agreement on climate change makes no explicit reference to international transport.  But the UNFCCC Kyoto Protocol, which is still in force, makes clear that both the shipping and aviation sectors have a responsibility to reduce their GHG emissions.

    Shipping's current share of the world’s CO2 emissions are a reflection of the fact that shipping is a truly enormous industry transporting almost 10 billion tonnes of cargo a year.  It may be out of sight, but international cargo shipping (about 70,000 ships) keeps the world economy running, transporting energy, food and raw materials, as well as most of the world's manufactured products.




2019 February 19

17:03 Jan De Nul and Government of the People’s Republic of Bangladesh enter into agreement for the development and dredging of access channels, turning basins, anchorages and berthing areas
16:29 TMA Logistics, CTU and VCL join forces to establish Amsterdam-Utrecht-Rotterdam-Corridor
16:21 NIBULON shipbuilders finish constructing a series of POSS-115 Project tugs
16:03 MOL conducts underwater drone demonstration test for vessel bottom inspection
15:25 Wärtsilä’s propeller cap EnergoProFin listed in EcoAction Program
15:02 ICTSI's Matadi Gateway Terminal unlocks shipping system benefits
14:40 2nd conference on transportation of dangerous cargoes to address application of IMDG Code and ADR Agreement in Russia
14:02 Havyard to deliver ship design for further two cargo vessels for Royal Arctic Line
13:33 Ecochlor announces BWMS retrofit contract with Alaskan Tanker Company
13:02 GTT notified by Samsung Heavy Industries for the tank design of a new LNG carrier for Navigare
12:30 Gas4Sea partners and Equinor signed an LNG bunkering agreement
12:24 Social allocations of Multipurpose Reloading Complex grew by 22% YoY to RUB 3.8 million in 2018
12:01 Rail traffic at the Port of Gothenburg up to 398,000 TEUs in 2018
11:43 International best practices are introduced at ASCO to protect sailors health
11:41 Port of Hamburg sets record for seaport-hinterland rail traffic in 2018
11:39 IMO’s Sub-Committee on Pollution Prevention and Response meets this week
11:18 Concordia Damen celebrates naming of innovative Sendo Liner
11:15 ASCO hosted a training course for instructors
10:47 24 vessels escorted by icebreakers in eastern part of Gulf of Finland during 24 hours on February 18-19
10:22 ABP bolsters business with paper company joining Port of Hull
09:58 Brent Crude futures price is down 0.42% to $66.22, Light Sweet Crude – down 0.38% to $56.19
09:40 BIMCO demands 4th IMO GHG Study based on realistic economic growth
09:19 Baltic Dry Index is up to 643 points

2019 February 18

18:06 Algoma announces the Algoma Conveyor is headed for Canada
17:36 Maersk Line announces rates from Mediterranean to West and Central Asia
17:06 CMA CGM announces FAK rates from ISC to North Europe and the Mediterranean
16:41 MAN Energy Solutions launches new TCT turbocharger series
16:26 VSC receives positive conclusion of state environmental expertise
16:02 Herbert-ABS releases HECSTAB Offshore
15:31 PPR 6 preview: IBIA working for sensible 2020 solutions at IMO meeting
15:02 Suez Canal extends its dry bulk vessels tolls reduction
14:43 Gazprom and Almaz-Antey Corporation sign contract for batch manufacturing of subsea production equipment
14:20 Average wholesale prices for М-100 HFO up to RUB 15,842 in RF spot market
14:02 MOL Chemical Tankers acquires 20% share of Dutch tank container company Den Hartogh
13:39 2nd Hydraulic Engineering Structures and Dredging Congress to gather over 200 Russian and foreign participants
13:15 ONE unveils enhanced intra-Asia Japan service network for 2019
12:51 Nakhodka Trade Sea Port and Damen sign contract on delivery of tug by summer 2019
12:18 33 vessels escorted by icebreakers in eastern part of Gulf of Finland during 24 hours on February 17-18
11:53 World Maritime University signs MoU with Jordan Academy for Maritime Studies
11:30 Coastal fish assessments to continue in Baltic Sea with renewed HELCOM project
11:07 Fincantieri starts dry dock works on ultra-luxury cruise ship "Silver Moon"
10:55 Finnpilot Pilotage amendments its service terms during validity of winter assistance restrictions
10:26 ASCO is interested in cooperation with prominent shipping companies
10:07 Diana Shipping announces the sale of two Panamax dry bulk vessels and time charter contracts for m/v Crystalia and m/v Maera with Glencore
09:40 Brent Crude futures price is up 0.17% to $66.36, Light Sweet Crude – up 0.45% to $56.23
09:21 Baltic Dry Index is up to 639 points
09:07 Panama Canal Board of Directors appoints new Canal Administrator and Deputy Administrator
08:07 IMO conducts training course to enhance maritime security in Kenya
07:32 Valencia hosts first internal technical meeting of European project “H2PORTS - Implementing Fuel Cells and Hydrogen Technologies in Ports”

2019 February 17

16:59 Coast Guard responds to vessel fire near Rockport, Texas
15:09 Kleven Shipyard delivers to Maersk the AHTS Maersk Maker
14:33 Danube high-speed low-wash ferry offers new level of efficiency and reliability
13:21 Interorient Marine Services Ltd. convicted and sentenced for oil discharge
12:39 USCG assists in rescue of five people from sunken vessel near Dutch Harbor
11:01 European ports welcome agreement on the European Maritime Single Window environment

2019 February 16

16:15 Ribbon-cutting kicks off ICTSI´s Batumi terminal expansion project
14:42 Höegh’s RoRo solution chosen for 112MT Transformer shipment
13:28 Torqeedo wins Innovation Award at Miami International Boat Show for powerful new inboard electric propulsion system
12:13 Telford Offshore beefs up its fleet
10:26 Chevron inks new LNG agreement with GS Caltex