The International Chamber of Shipping (ICS) – the worldwide trade association for shipowners – has made an important written submission to the United Nations International Maritime Organization (IMO) suggesting a possible way forward with respect to complex discussions about additional global regulations to further reduce CO2 emissions from merchant ships.
In particular, ICS wishes to ensure the primacy of a global IMO framework for addressing the reduction of shipping’s CO2 emissions in the face of proposals by the European Commission for unilateral regional regulations that will apply to international shipping trading to the EU.
In a carefully worded ‘political’ paper, ICS has suggested that IMO Member States should initially focus on developing regulations for the mandatory reporting of fuel consumption and CO2 emissions by internationally trading ships, deferring further discussions on how the information collected might subsequently be used to develop additional efficiency measures.
In particular, ICS wishes to ensure the primacy of a global IMO framework for addressing the reduction of shipping’s CO2 emissions in the face of proposals by the European Commission for unilateral regional regulations that will apply to international shipping trading to the EU.
In a carefully worded ‘political’ paper, ICS has suggested that IMO Member States should initially focus on developing regulations for the mandatory reporting of fuel consumption and CO2 emissions by internationally trading ships, deferring further discussions on how the information collected might subsequently be used to develop additional efficiency measures.