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Reducing CO2 is Economic ‘No Brainer’ for Shipowners, ICS Tells UN Climate Change Conference

Today, at the United Nations (UNFCCC) Climate Change Conference in Warsaw (COP 19), the International Chamber of Shipping (ICS) will advise a United Nations event on the economics of mitigation that reducing CO2 emissions is an economic ‘no brainer’ for the global shipping industry. Further efforts by industry to improve fuel efficiency and reduce CO2 emissions from ships – which carry about 90% of global trade – is already a matter of enlightened self interest.

18 November 2013 Press Release

Tripartite Meeting Support IMO’s Three Pillars of Sustainability

The Annual Tripartite meeting between shipowners, shipbuilders and classification societies was held in Tokyo on 17 and 18 October 2013. The meeting unanimously welcomed the IMO theme for 2013 of 'a sustainable maritime transport system' and its recognition of the three pillars of sustainability; environmental, social and economic.

13 November 2013 Press Release

Maritime Industry Responds to Typhoon in the Philippines

JOINT PRESS RELEASE OF MARITIME WELFARE ORGANISATIONS Shipowner groups, unions, and welfare organisations are pulling together in response to the devastating effects of Typhoon Yolanda in the Philippines.

12 November 2013 Press Release

ICS Questions France about CO2 Reporting Requirements for Ships

The International Chamber of Shipping (ICS), the global trade association for shipowners, has written to the French Government to raise concerns about a new requirement for foreign shipowners to provide information to their French customers about CO2 emissions, using a detailed methodology that has not been discussed internationally.

4 November 2013 Press Release

Foreign Shipowners Encourage China to Resolve VAT Problems

The Chairman of the International Chamber of Shipping (ICS), Mr Masamichi Morooka, has written to the Chinese Minister of Finance, encouraging the Chinese Government to continue its efforts to find a solution to the problems created by the application of Value Added Tax (VAT), since 1 August, to the transport and logistics services provided by ‘Wholly Foreign Owned Shipping Companies’.

31 October 2013 Press Release

Shipowners Call for Sustainable Regulation on IMO World Maritime Day

The global trade association for the shipping industry, the International Chamber of Shipping (ICS), has called for all future proposals for environmental regulation that impact on ships to be subjected to a full and proper cost benefit analysis before adoption by the International Maritime Organization (IMO).

26 September 2013 Press Release

International Chamber of Shipping Challenges Proposed New Accounting Standards

The global trade association for shipowners, the International Chamber of Shipping (ICS), has submitted detailed comments to the International Accounting Standards Board (IASB) on its controversial proposals to overhaul international accounting rules for leases, which could have an impact on contracts used in international shipping, including those governing operational arrangements.

24 September 2013 Press Release

International Chamber of Shipping Meets in London

The Board of Directors of the International Chamber of Shipping (ICS) representing national shipowners’ associations from the Americas, Asia and Europe met in London last week.

13 September 2013 Press Release

Port State Enforcement of ILO MLC – ICS Issues Free Advice to Shipowners

The International Chamber of Shipping (ICS), whose member national shipowners’ associations negotiated the text of the ILO Maritime Labour Convention (MLC), has issued advice to shipowners to help them pre-empt port state control problems when the Convention enters in force, next month, on 20 August.

12 July 2013 Press Release