INTERCARGO: global challenges require global solutions
(Posted on 08/11/21)
As the world considers the harsh realities highlighted by COP26, INTERCARGO warns that shipowners can deliver the target of net-zero emission shipping by 2050 but only with an acceleration in the commercial development of relevant technologies, fuels, propulsion systems and related infrastructure.
INTERCARGO (The International Association of Dry Cargo Shipowners) represents the interests of quality dry cargo shipowners.
Speaking following the recent INTERCARGO semi-annual meetings, Dimitrios Fafalios, Chairman of the Association says: “INTERCARGO fully supports the drive to achieve zero emission shipping by 2050. However global challenges require global solutions and the commercial development of these solutions is within the control of other stakeholders rather than shipowners. We must support the IMO and urge 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. The place to do this is at the IMO.”
His comments follow formal submission of a paper co-sponsored with ICS, at last month’s IMO Intersessional Working Group on Reduction of Emissions from Ships, which puts forward a comprehensive proposal for a global levy on carbon emissions from ships.
“A levy-based market-based measure, with mandatory climate contributions by ships to an IMO Climate Fund, must be brought into effect quickly to accelerate the uptake and deployment of zero-carbon technologies and fuels,” he says. “Good progress towards such medium-term measure was made at IMO’s Intersessional meeting, but this in itself is not enough. We must not jeopardise the 2050 target, and in the short term the approval of the industry proposal, also backed by INTERCARGO, for an International Maritime Research and Development Board (IMRB), in order to accelerate the R&D of zero-carbon technologies is an immediate priority.”
INTERCARGO members are fully behind the drive to more sustainable shipping. Commenting on feedback received during INTERCARGO’s recent semi-annual meetings held in London, Kostas Gkonis, Secretary General of INTERCARGO says: “Our members shared their experiences of the use of energy saving devices, novel technologies, and the operational measures they have been carrying out on bulk carriers to reduce GHG emissions as much as technically and operationally possible.”
While COP26 is seeking answers at the highest level, the IMO will progress the shipping industry’s decarbonisation agenda, with the next meeting of its Marine Environment Protection Committee (IMO MEPC) to take place later this month.
Latest News
North Pacific Green Corridor Consortium forms new corridor
(Posted on 18/04/24)Global industry leaders from North America, Asia and Europe have announced the formation of the North... Read more
Tomini Dynasty Captain receives prestigious Gallantry Award
(Posted on 16/04/24)Tomini Group, a world-class dry bulk ship owner, has announced that Captain Om Dutta has been honoured... Read more
Singapore retains top spot as world’s leading maritime city
(Posted on 15/04/24)Singapore has retained its title as the leading maritime city in the world, followed by Rotterdam and... Read more
AtoB@C Shipping takes delivery of Stellamar
(Posted on 15/04/24)AtoB@C Shipping, a subsidiary of ESL Shipping, the leading carrier of dry bulk cargoes in the Baltic... Read more
Maritime industry leaders to explore ammonia as marine fuel on US West Coast
(Posted on 29/03/24)American Bureau of Shipping, CALAMCO, Fleet Management Limited, Sumitomo Corporation and TOTE Services... Read more
MMS raises awareness over improper use of antibiotics on board vessels
(Posted on 29/03/24)Leading provider of medical support services for crews, Marine Medical Solutions (MMS), is concerned... Read more
ESL to sell Supramaxes
(Posted on 25/03/24)ESL Shipping, a leading carrier of dry bulk cargoes in the Baltic region, has signed a memorandum of... Read more
Sustainable fuels can reach cost parity with fossil fuels by 2035
(Posted on 25/03/24)New Wärtsilä analysis shows EU ETS and FuelEU Maritime will close price gap, creating policy... Read more
Swedish Club delivers firm foundation for future growth
(Posted on 25/03/24)The Swedish Club reported positive results for 2023, combined with an emphasis on supporting its members... Read more
DNV establishes Tanker and Bulker Expert Team in China
(Posted on 18/03/24)DNV has established a Tanker and Bulker Expert Team based in Shanghai. With strong global demand and... Read more
