- About us
- IBJ Awards
- Free Sample
- Contact us
INTERCARGO: EU beginning to grasp realities of shipping
(Posted on 07/02/22)
The recent proposal by MEP Peter Liese to update Amendment 9 of the EU emissions trading system (ETS) draft directive and support the ‘polluter pays’ principle is cautiously welcomed by INTERCARGO, the international association representing the world’s quality dry bulk shipping sector.
This recognition that often the shipping company is not the commercial entity controlling the ship operation, and thus is not responsible for the resulting GHG emissions, is long overdue.
INTERCARGO provides the forum where dry bulk shipowners, managers and operators are informed about, discuss, and share concerns on key topics and regulatory challenges, especially in relation to safety, the environment, and operational excellence.
INTERCARGO Chairman, Dimitrios Fafalios says: “Although we retain our reservations on the EU emissions trading system (ETS) as a whole, we are pleased to see the EU take steps in the right direction, as regulators finally grasp some of the realities of our industry.
“Trading patterns within the dry bulk sector are diverse and dispersed. A significant share of the bulk carriers’ operation is administered by charterers, which not only take responsibility for purchasing the fuel, but also take operational decisions that directly affect the CO2 emissions of the ship, such as speed
“At the same time, whilst the proposal recognises the need to establish a contractual requirement between the shipowner and commercial operator to pass on the costs, it must be understood that this will be easier said than done.”
Despite this move, INTERCARGO is still firmly committed to supporting the role of the IMO (International Maritime Organization) as the global forum and regulator for driving the elimination of all CO2 emissions from shipping worldwide.
The Association does, however, support any initiative designed to ease this transition for ship operators, and as such supports Mr Liese’s proposal for the establishment of an Ocean Fund to finance R&D into maritime decarbonisation and to fund R&D projects aimed at bridging the price gap between cleaner and conventional fuels.
Groke brings new situation awareness expertise to One Sea(Posted on 24/03/23)
One Sea has welcomeed Finnish start-up Groke Technologies as its new member, bringing additional expertise... Read more
ClassNK releases FAQs on EU-ETS for shipping(Posted on 24/03/23)
ClassNK has released “FAQs on the EU-ETS for Shipping”, an overview and necessary preparation... Read more
New AXSMarine tool helps users visualize CO2 emissions and CII(Posted on 20/03/23)
AXSMarine, a pioneer and market leader in the provision of advanced solutions for shipping professionals... Read more
Shipzero advances the decarbonization of logistics(Posted on 20/03/23)
Shipzero is enabling transport and logistics companies to create transparency about their emissions... Read more
Isle of Man Ship Registry joins INTERCARGO(Posted on 07/03/23)
The Isle of Man Ship Registry (IOMSR) has become an associate member of The International Association... Read more
More investment into crews’ health and nutrition says MCTC(Posted on 07/03/23)
The wellbeing of crew members is becoming more important to shipping companies says leading catering... Read more
Strong demand and diversified vessel portfolio fuels strong Algoma performance(Posted on 28/02/23)
Canada based Algoma Central Corporation has reported its results for the year ended 31 December, 2022... Read more
Ukrainian seafarers back, but many have suffered trauma(Posted on 24/02/23)
Ukrainian seafarers have largely returned to international shipping thereby restoring balance in crew... Read more
Round Table prioritises seafarers at first in-person meeting since COVID(Posted on 24/02/23)
The Chairs of the Round Table of International Shipping Associations met in Athens last week to renew... Read more
AXSMarine invests in Nextvoyage(Posted on 21/02/23)
AXSMarine, a leading provider of SaaS shipping software and data for decision making in the chartering... Read more