International Chamber of Shipping (ICS)

Global shipping associations sign MoU

Today (April 8) 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.

According to a statement, 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...

https://container-news.com/global-shipping-associations-sign-mou/

Oversupply Still Major Challenge Warns ICS

The Global Maritime Summit 2019 is organised in partnership with the Turkish Chamber of Shipping

Oversupply Still Major Challenge Warns ICS

Speaking in Istanbul, Simon Bennett, Deputy Secretary General of the International Chamber of Shipping (ICS) warned today that avoiding overcapacity and unsustainably low freight rates is still a major challenge ten years after the massive downturn of 2008.

Mr Bennett said: “In that time shipping companies needed to show restraint when ordering new ships, to...

http://www.allaboutshipping.co.uk/2019/04/03/oversupply-still-major-challenge-warns-ics/

Vigilance essential despite reduction to piracy High Risk Area in the Indian Ocean

Vigilance essential despite reduction to piracy High Risk Area in the Indian Ocean

The Round Table of international shipping associations plus the OCIMF representing the global shipping and oil industry have announced the geographic boundaries of the ‘High Risk Area’ for piracy in the Indian Ocean have been reduced, with new advice issued to merchant ship operators.

The High Risk Area reflects the area where the threat from piracy exists, whilst recognising the ongoing containment of pirate...

http://www.allaboutshipping.co.uk/2019/03/08/vigilance-essential-despite-reduction-to-piracy-high-risk-area-in-the-indian-ocean/

Shipping Industry Urges European Commission to Extend the Consortia Block Exemption Regulation

Four trade associations representing the international liner shipping industry today submitted comments to the European Commission supporting extension of the EU consortia block exemption regulation (“BER”) for an additional five years beyond its current 2020 expiration date.

The papers were submitted in the public consultation being held by the Commission’s Directorate-General for Competition (DG COMP) by the World Shipping Council (WSC), the European Community Shipowners’ Associations (ECSA),...

http://www.allaboutshipping.co.uk/2018/12/20/shipping-industry-urges-european-commission-to-extend-the-consortia-block-exemption-regulation/

+ More