• 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.




2020 May 28

10:09 Port of Stockholm announces arrival of the first container ship at Norvik Port
09:44 CMA CGM announces Overweight Surcharge (OWS) from Asia to North Europe
09:37 Baltic Dry Index on May 27
09:19 Rosmorport released young trout into Ladoga lake
08:54 MABUX: Bunker market this morning, May 28

2020 May 27

18:36 Nexans wins major subsea HVDC cable contract from Greece's Ariadne Interconnection S.P.S.A
18:06 The lock gate of the Pierre Vandammelock at the port of Port of Zeebrugge gets decoupled and transported to the inner harbour for renovation works
17:36 Sales of “Honesty” - device to measure the level of liquid in tanks - exceeds 1,000 units
17:06 ZIM posts Q1 2020 results
16:58 NOVATEK-Murmansk obtains resident status at Advanced Special Economic Zone
16:31 Transport Ministry addressed with proposal to introduce criteria for coal ports to be acknowledged as dedicated ones
16:04 UN agencies call for urgent action on crew changes and keyworker designation for sea and air workers
15:59 Cai Mep International Terminal welcomes maiden call of TP17 service
15:13 Traficom extends validity of certain seafarers’ competency and proficiency certificates
14:37 Krasnoye Sormovo shipyard launches Pola Agata of Project RSD59
14:02 First global standard for ship hull cleaning essential for marine ecosystems
13:44 Experts consider development of autonomous shipping as advantage for seafarers
13:29 Introduction of autonomous cargo carriers en masse expected within five-ten years
13:02 DEME Offshore successfully completes the inter-array cable laying works at the SeaMade offshore wind farm
12:45 Industry experts discussed trial project on unmanned navigation in Russia
12:30 Multipurpose Reloading Complex in Ust-Luga: environmental performance conforms with standards
12:01 Payment term for sea port dues remains 30 days for the time being in the Port of Rotterdam
11:03 Wärtsilä upgrades the SCANTS Simulation Complex to provide advanced training at the United States Coast Guard Academy
10:32 Alexeev’s Hydrofoil Design Bureau launches fifth Valdai 45R hydrofoil for Nizhny Novgorod Region
10:05 Oil prices decrease by 0.17%-0.32%
10:03 HMM Algeciras, the largest container ship worldwide, on its way to Rotterdam
09:44 Baltic Dry Index on May 26
09:18 Bunker prices continue going up at the port of Saint-Petersburg, Russia
09:11 CMA CGM announces Overweight Surcharge (OWS) from Asia to the Mediterranean & Black Sea
09:02 MABUX: Bunker market this morning, May 27
08:19 Diana Shipping announces time charter contract for m/v Crystalia with Glencore

2020 May 26

18:32 Diana Shipping signs a term loan facility with ABN AMRO Bank to refinance two separate existing loans with the bank
18:06 Jotun hull skating solutions tested by Wallenius Wilhelmsen
17:31 Bunker prices are going up at the Far East ports of Russia (graph)
17:05 CMA CGM ends PSS for exports from West Med, North Europe, Scandinavia & Poland, Baltic, Italy Adriatic & Black Sea to Mayotte, Seychelles, Comoros & Madagascar outports
16:30 Damen announces Electric Cutter Suction Dredger 650
16:05 Aker Solutions starts CCS test program at Preem refinery in Sweden
15:35 Norsepower Rotor Sail installation completed on Scandlines ferry in just hours
15:01 Baltiysky Zavod lays down forth 60-MW icebreaker of Project 22220
13:59 Mitsui O.S.K. Lines and LNG Terminal Wilhelmshaven sign a contract to build and charter an LNG terminal ship
13:42 RF Government approves Customs Service Development Strategy till 2030
13:15 Rospotrebnadzor issues guidelines on prevention of COVID-19 spread for sea and river passenger ports and terminals
12:37 Sredne-Nevsky Shipyard starts cutting steel for construction of first passenger ship of Project А45-90.2
11:58 Vostochny Port invests RUB 850 million in completion of wind and dust protection facilities
10:40 A.P. Moller - Maersk, DSV Panalpina, DFDS, SAS and Ørsted join forces on an ambitious sustainable fuel project
10:04 Oil prices rise by 1.97%-3.43%
09:49 Cai Mep International Terminal welcomes the first maiden call of TP17 service deployed by 2M alliance
09:43 4 Caspian Ports discussed joint measures to combat COVID-19 pandemic
09:21 LUKOIL installs accommodation platform jacket at v.i. Grayfer field
08:47 MABUX: Bunker market this morning, May 26

2020 May 25

17:46 Transit cargo flow by Primorye 2 ITC to Zarubino port surged by 64.8%
17:20 Wilson ASA enters into agreement with Arkon Shipping to strengthen European presence
16:42 Oboronlogistics took part in RF Transport Ministry’s meeting
16:18 Average wholesale prices for М-100 HFO rose to RUB 6,405 in RF spot market
15:55 RF Government bans imports of diesel and marine fuel
15:30 Second shallow-draft dry cargo barge of Project RDB20, Belmax 10, floated out
15:04 Upgrading of Wärtsilä FuelFlex Injection Control Unit enables reliable operation with low-sulphur fuels
14:14 UN must persuade governments to adopt crew change protocols or risk ‘humanitarian disaster’ - ICS
13:14 Port of Melbourne appoints Shaun Mooney to lead commercial operations
12:13 APM Terminals Algeciras connects to the national 66KV energy network