TBA GroupSailors SocietyPort of StocktonViganVan AalstCleveland Cascades Ltd
  • Bühler GmbH
  • Telestack
  • TOC Events
  • Van Aalst
  • Vigan
  • The Wolfson Centre for Bulk Solids Handling Technology

Governments must share emissions target load, warns INTERCARGO

Governments must share emissions target load, warns INTERCARGO

(Posted on 12/06/22)

It would be a mistake to place responsibility for meeting IMO’s zero emission shipping targets fully on the shoulders of the shipping industry, the International Association of Dry Cargo Shipowners, INTERCARGO, has warned, as the International Maritime Organization’s Marine Environment Protection Committee meeting (IMO's MEPC 78) debates steps to meet IMO ambitions for zero emission shipping by 2050.

Spyros Tarasis, Vice-Chairman of INTERCARGO says: “Global challenges require global solutions, but it must be remembered that the commercial development of these solutions is within the direct control of other stakeholders and not shipowners. Such a target requires a drastic and urgently needed acceleration in the commercial development of the required technologies, fuels, propulsion systems and related infrastructure.

“Whilst INTERCARGO fully supports the drive and the ambition to achieve zero emission shipping by 2050, it urges governments to adopt the necessary measures to accelerate R&D of zero-carbon technologies and expedite their deployment. The net-zero target will only be plausible if governments take the necessary action to achieve this at IMO.”

In order not to jeopardise the 2050 target, INTERCARGO calls for immediate approval of the industry proposal for the establishment of an International Maritime Research and Development Board and an IMO Maritime Research Fund.

In the medium term, it stresses the need for a global levy on carbon emissions from ships as a Market Based Measure, to accelerate the uptake and deployment of zero-carbon technologies and fuels.

INTERCARGO believes that without the above concrete actions, it will be premature to revise intermediate targets for 2030 or indeed for any subsequent year beyond.

INTERCARGO fully supports the IMO in meeting the shared, global challenge of delivering on the shipping industry’s decarbonisation agenda and, in representing dry bulk ship owners, managers and operators, invites IMO to take action as needed.

Latest News

Healthy bulk market helps Pacific Basin generate record interim results

(Posted on 05/08/22)

Pacific Basin Shipping Limited, one of the world’s leading dry bulk shipping companies, has announced... Read more


Spar Shipping bulker successfully completes biofuel-powered trial voyage

(Posted on 29/07/22)

A 10-day trial onboard a Spar Shipping AS bulk carrier enabled a reduction of at least 75% in carbon... Read more


Inmarsat report offers cyber-risk guidance amid escalating threats

(Posted on 25/07/22)

A new report published by Inmarsat, the world leader in global, mobile satellite communications, highlights... Read more


MHSS responds to new report on seafarer mental health

(Posted on 25/07/22)

Mental Health Support Solutions CEO and founder Charles Watkins welcomes the recently published report... Read more


CSM partners with Kadmos to automate crews’ salary pay-outs

(Posted on 18/07/22)

Columbia Shipmanagement (CSM) has announced a partnership with Berlin-based Fintech Kadmos to automate... Read more


North joins Maritime Anti-Corruption Network

(Posted on 18/07/22)

In the latest demonstration of its commitment to supporting a more sustainable maritime community, North... Read more


ClassNK releases "Guidelines for Ships Using Alternative Fuels (Edition2.0)"

(Posted on 18/07/22)

ClassNK has released the "Guidelines for Ships Using Alternative Fuels (Edtion 2.0)," which sets forth... Read more


Swire Bulk launches its first SE Asia - Europe liner service

(Posted on 01/07/22)

Swire Bulk will operate a new liner service between Southeast Asia and Europe from June 2022, providing... Read more


AtoB@C Shipping confirms additional electric hybrid vessel order

(Posted on 01/07/22)

AtoB@C Shipping, a subsidiary of Aspo Group’s ESL Shipping, has declared an option and order for... Read more


Seanergy announces additional share buybacks

(Posted on 01/07/22)

 Seanergy Maritime Holdings Corp. has announced that the Board of Directors has authorized an additional... Read more


TOC EventsPort of South LouisianaThe Wolfson Centre for Bulk Solids Handling Technology TelestackCimbriaMultimodal 2022
  • TBA Group
  • Sailors Society

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping