Tag: ICS
ICS proposes GHG fee to meet IMO 2050 target
A collaborative effort between the International Chamber of Shipping (ICS), the governments of the Bahamas, and Liberia has led to a revised proposal submitted to the International Maritime Organization (IMO). The proposal introduces a greenhouse gas (GHG) pricing mechanism aimed at achieving net-zero GHG emissions from international shipping by 2050. Central to this initiative is…
ICS Publications releases fifth edition of ‘Shipping and the Environment: A Guide to Environmental Compliance
International Chamber of Shipping (ICS) Publications announces the launch of the fifth edition of ‘Shipping and the Environment: A Guide to Environmental Compliance’. This latest edition offers comprehensive updates and expanded insights into the intricate relationship between shipping operations and environmental protection. The fifth edition is a definitive guide, providing a holistic introduction to companies…
ICS Welcomes the Conclusion of the IMO Marine Environment Protection Committee (MEPC81) Meeting
We welcome the progress made during these intensive negotiations to achieve net zero emissions from shipping, and the support received from around 60 Member States for a flat rate contribution system per tonne of GHG. The purpose of the proposed system, put forward by the International Chamber of Shipping (ICS), is to reduce the cost…
ICS launches CII Data Collection System
The International Chamber of Shipping (ICS), the global trade association for shipowners which represents over 80% of the world merchant fleet, today launches its Carbon Intensity Indicator (CII) Data Collection System. CII is a rating system developed by the International Maritime Organization (IMO) to measure the energy efficiency of ships, above 5,000 gross tonnage and…