• 2016 November 8 14:49

    ICS tells UN Climate Conference that IMO needs to agree ambitious CO2 commitments for shipping by 2018

    At the UNFCCC Climate Conference (COP 22), in Marrakesh, the International Chamber of Shipping (ICS) said that the recent International Maritime Organization (IMO) agreement on a CO2 Road Map for shipping is a significant decision giving further impetus to the substantial CO2 reductions that are already being delivered by the global industry.   

    At an official UNFCCC side event organised by IMO today, ICS Director of Policy and External Relations, Simon Bennett, said:
    “We are very optimistic that initial CO2 reduction objectives can now be developed by IMO for the sector by 2018.  The shipping industry thinks these should reflect the spirit and ambition of the Paris Agreement while being appropriate to the circumstances that apply to international shipping – just as the commitments made by governments to UNFCCC reflect the circumstances of different national economies.”

    ICS says that the IMO Road Map (agreed by the IMO Marine Environment Protection Committee at the end of October) will build on the mandatory CO2 reduction regulations for shipping already adopted by IMO – four years before the Paris Agreement was adopted – which will ensure that ships built after 2025 will be at least 30% more efficient.  

    However, ICS believes the IMO Road Map will actually will go much further than the Paris Agreement.

    “The final stage to be enacted by 2023 should establish a global mechanism for ensuring that these initial IMO commitments – which the industry wants to see agreed by 2018 – will actually be delivered.” said Mr Bennett.

    ICS says this IMO mechanism could potentially include a legally binding Market Based Measure.  

    “This remains very controversial and is not yet universally supported throughout the shipping industry” said Mr Bennett.  “But if this is what governments eventually decide, the clear preference of the majority of the industry would be for a global levy based on fuel consumption.”

    Mr Bennett added “Key to next steps is the mandatory global CO2 data collection system which IMO has now adopted.  This will enable any initial CO2 commitments agreed in 2018 to be further refined using the very latest data on ships’ emissions which will become fully available from 2019.”

    “But most importantly, the IMO data system will inform the development of a mechanism by IMO for ensuring that agreed CO2 reduction commitments are indeed fully met.  This will no doubt include deciding the extent to which technical and operational measures alone might be insufficient to deliver the IMO CO2 reduction commitments that we hope will be initially agreed in 2018.”  

    ICS says that the international shipping sector actually reduced its total CO2 emissions by more than 10% between 2007 and 2012, despite an increase in maritime trade – while the rest of the world economy, even taking account of the commitments made in Paris – will probably continue increasing emissions at least until the 2030s.   

    “But the shipping industry fully recognises that society expects more, and we therefore think it is vital that IMO Member States agree some truly ambitious CO2 reduction commitments by 2018.” said Mr Bennett.  

    ICS and its member national shipowners’ associations expect to come forward with some firm ideas about what these IMO CO2 reduction commitments might entail before the next IMO Marine Environment Protection Committee meeting in 2017.




2019 September 15

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2019 September 14

15:29 Coast Guard reopens Houston Ship Channel after protest demonstration
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2019 September 13

18:06 Sture terminal situation normalised
17:47 Malaysia encourages gender diversity in the maritime industry
17:24 Multipurpose ship of Project MPSV12, Kalas, successfully completed sea trials
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16:30 ABP to welcome Royal Navy’s HMS Grimsby into Port of Grimsby
16:25 Wärtsilä Aquarius UV Ballast Water Management System chosen for retrofitting to four Korean vessels
16:05 Multi Modal Rail B.V. (MMR) launches rail service between Rotterdam and Ottmarsheim, France
15:48 ABP and WISTA UK host 'Women in Maritime' reception during LISW
15:09 Shearwater GeoServices awarded large South America survey
14:26 ABB enables emissions-free port stay in Marseille for Corsica Linea ferries
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13:20 Port of Oakland opens peak season with cargo volume growth
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10:04 Port Napier, NZ, places order for Damen ATD Tug 2412
09:51 Bunker market sees mixed price movements at the port of Saint-Petersburg, Russia (graph)
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09:03 MABUX: Bunker market this morning, Sept 13

2019 September 12

18:12 Throughput of port Kaliningrad in Jan-Aug’2019 fell by 21% Y-o-Y to 7.60 million tonnes
17:51 Throughput of port Vyborg in Jan-Aug’2019 fell by 30% Y-o-Y to 810,300 tonnes
17:27 Throughput of port Vysotsk in Jan-Aug'2019 climbed by 6% Y-o-Y to 12.75 million tonnes
16:50 Throughput of port Primorsk in Jan-Aug’2019 grew by 16% Y-o-Y to 41.57 million tonnes
16:24 Vestdavit equips Norwegian Coast Guard’s next generation for Polar boat launch and recovery
16:03 Administration and personnel of Sea Port of Saint-Petersburg sign new Collective Agreement
15:45 SCF Group and NYK Line sign USD 176 million credit facility for eight years with three leading international banks
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14:46 FESCO new vessel started working on a regular sea line connecting Magadan and Primorski Krai
14:24 Equinor gets consent for exploration drilling in the Barents Sea
14:02 GTT supports 3rd Conference “LNG Fleet and LNG Bunkering in Russia” as its sponsor
13:43 Volvo Penta’s latest D6 propulsion package set new standards for high-speed vessels
13:23 Eagle Bulk Shipping takes delivery of M/V Dublin Eagle
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12:50 UK Government backs cutting-edge tech to drive down shipping emissions
12:29 Super-efficient Wasaline ferry to get Wärtsilä Nacos Platinum navigation system
12:12 Port of Ust-Luga handled 69.96 million tonnes in 8M’19, up 7% Y-o-Y
11:47 LNG production and shipment facility in Kaliningrad Region to be launched before the end of 2019
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09:56 Dredging at the seaway canal of Kaliningrad estimated at 30 million cbm
09:38 Baltic Dry Index is down to 2,366 points
09:17 Brent Crude futures price is up 0.76% to $61.27, Light Sweet Crude – up 0.93% to $56.27
09:09 The Gothenburg Port Authority holds early dialogue to prepare for fairway project
08:51 MABUX: Bunker Market this morning, Sept 12
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2019 September 11

18:05 Kim Heng secures Horizontal Directional Drilling contract
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