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Five industries representing more than 50% of global emissions need stronger international collaboration to deliver reductions in line with the Paris Agreement, according to the first report from a new group aiming to reshape major charter markets and accelerate development of green fuels and technologies.
This summer, the German shipping association (VDR) announced that it will encourage its members to change their shipping routes to protect endangered sperm whale populations in the Mediterranean and Indian ocean.
Given shipping’s unavoidable mandate to meet fast approaching green targets, many would expect rising innovation and investment in new technologies. However, according to the International Energy Agency, maritime’s research and development spending between 2007-2019 has remained stagnant, lagging far behind other sectors. In contrast to the automotive sector, where spending on R&D increased from 67 billion USD in 2009 to 130 billion USD in 2019, maritime spent just 1.6 billion USD.
ICS reports on the growing challenges and opportunities for shipping within the context of a recent surge in ESG funding and investment
With an unprecedented shortage of skilled workers entering into shipping, ICS discusses what concrete steps can be taken to improve the 'brain drain' in maritime.
Mark Cameron, Chief Operating Officer, Ardmore Shipping, talks to ICS about plans to ride the current oil and gas tanker market crest while preparing for potential recession and investing in decarbonisation plans
The first grain shipment to leave Ukraine since it was invaded by Russia nearly six months ago departed Odesa early this week after the two countries signed the Black Sea Grain Initiative brokered by Turkey and the UN.
The ICS Shaping the Future of Shipping Summit sets out priorities and next proactive decarbonisation steps for the industry.
Emanuele Grimaldi, ICS Chairman, president and MD of Grimaldi Euromed discusses the practical paths that must be taken as shipping journeys towards decarbonisation
Following the effects of COVID-19 and the crew change crisis there remains an ongoing concern regarding access to in-person and emergency medical care.