Vigan Engineering S.AMarine Fuels 360 China5th Biennial LNG BunkeringBühler GmbHCleveland Cascades LtdTelestack
  • TMS Awards 2019
  • 25th Coaltrans Asia
  • MULTIMODAL 2019
  • TBA Group
  • Vigan Engineering S.A
  • Marketing in Maritime 2019

Shipowner associations’ MoU

Shipowner associations’ MoU

(Posted on 08/04/19)

Yesterday in Singapore, the International Chamber of Shipping (ICS), the Asian Shipowners’ Association (ASA) and the European Community Shipowners’ Associations (ECSA) signed a joint memorandum of understanding.

This new MOU codifies the extensive level of co-operation that already exists between these important international trade associations and provides a framework for their closer co-operation. The three associations collectively represent over 90 percent of the world merchant fleet. The agreement recognises their respective memberships of national shipowners’ associations and the unique and special relationship which their members enjoy with their national governments.

The MOU confirms the roles of ICS, ASA and ECSA as the principal global and regional associations, representing shipowners and operators – in all shipping sectors and trades – with those global and regional organisations, regulators and other bodies which impact and affect the interests of international shipping.

“Shipping is a global industry requiring global rules. It is only natural that as the representatives of the world’s national shipowner associations that we should further cement our relationships to ensure that we work as effectively as possible in support of a global regulatory framework for shipping and in opposition to unwelcome regional or unilateral initiatives that may impede the efficiency of maritime trade” said ICS Chairman, Mr Esben Poulsson.

“It is vital that the interests of Asian shipping, which controls an increasingly large proportion of the world fleet, are properly represented at the global level, especially with the increasing importance of Asian economies to overall demand for shipping services. It is of utmost importance that shipowners outside our region are fully aware of local developments that may affect their operations” said ASA President, Mr Bhumindr Harinsuit

“The maritime policies of the European Union have a significant impact on regulatory developments at fora such as the UN IMO, with major implications for ship operators in Europe and globally. Cooperation with ICS and ASA allows us to enhance our joint efforts to represent the best interests of shipowners, whether at bodies such as IMO or when dealing with the EU institutions” said ECSA President, Mr Panagiotis Laskaridis.

Latest News

Refreshed strategy for Wallem

(Posted on 18/04/19)

Wallem has updated its corporate identity to mark the beginning of a profound shift in its service offering... Read more


Songa Bulk to merge with AGS

(Posted on 18/04/19)

Songa Bulk ASA and Axxis Geo Solutions AS have entered into a joint merger plan, pursuant to which Songa... Read more


ClassNK’s Cyber Security Management System

(Posted on 18/04/19)

Leading Classification Society ClassNK has released its Cyber Security Management System for Ships.As... Read more


Industry supports IMO’s anti-corruption agenda

(Posted on 18/04/19)

The International Maritime Organization (IMO) has agreed to address maritime corruption by including... Read more


Global mobilization for seal repairs

(Posted on 18/04/19)

Hydrex has developed a flexible mobdock repair method that enables the underwater replacement of all... Read more


Singapore still on top

(Posted on 18/04/19)

The Leading Maritime Capitals report for 2019 is has been published, with fresh insight on which maritime... Read more


IRClass continues Asia Pacific growth

(Posted on 18/04/19)

Indian Register of Shipping (IRClass), continues to grow steadily in the Asia Pacific region –... Read more


Coldharbour Marine senior appointment

(Posted on 08/04/19)

UK-based Coldharbour Marine, the manufacturer of an in-tank ballast water treatment systems (BWTS) based... Read more


ClassNK provides Sulphur Cap support

(Posted on 08/04/19)

Leading classification society ClassNK has developed “Guidance for onboard use of Compliant Fuel... Read more


Hamburg Süd and CNCo close sale

(Posted on 08/04/19)

Hamburg Süd and CNCo have received regulatory approval and completed the transfer of RAO and the... Read more


TMS Awards 2019Sailors SocietyMULTIMODAL 2019Port of StocktonCimbria Bulk Equipment A/SMarketing in Maritime 2019
  • Port of Belledune
  • Marine Fuels 360 China
  • Cimbria Bulk Equipment A/S
  • Bühler GmbH
  • Port of Stockton

Subscribe to our newsletter

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