International Maritime Organization (IMO)

IMO’s CII a failed market mechanism should be replaced, says DSF

According to Danish Ship Finance (DSF), the IMO’s Carbon Intensity Indicator (CII) which became effective this year is a “failed market mechanism” that should be replaced by a voyage index that will give shippers more transparency.

In a recent press briefing, IMO secretary general Kitack Lim said that the collaboration between stakeholders is to be ramped up with round tables to discuss the future direction of IMO policy.

One of the key elements of the IMO’s decarbonisation plans remains CII, but...

https://container-news.com/imos-cii-a-failed-market-mechanism-should-be-replaced-says-dsf/

Hong Kong Recycling Revolution 2025

Credit: Trace Hudson/Pexels

The Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (HKC), which was adopted in 2009, will come into effect on 26 June 2025. After being ratified by Bangladesh and Liberia, the HKC is set to make a substantial worldwide impact on ship recycling methods, more than a decade after its initial adoption.

Background to the Hong Kong Convention

The International Maritime Organization (IMO) recognized the urgent need for a globally...

https://mfame.guru/hong-kong-recycling-revolution-2025/

Seven candidates for Secretary-General of International Maritime Organization

Seven International Maritime Organization (IMO) member states have each nominated a candidate for the post of Secretary-General of IMO to take over duties from Kitack Lim, which will step down on 31 December 2023.

The IMO Council at its 128th session, in December 2022, approved the procedures for holding the election of the Secretary-General at the July 2023 session of the Council (C 129).

The election will take place at IMO headquarters in London, UK on 18 July.

Following the election in July...

https://container-news.com/seven-candidates-for-secretary-general-of-international-maritime-organization/

IMO to develop updated plan for shipping greenhouse gas emissions cut

An International Maritime Organization (IMO) working group has gone forward in developing the draft 2023 IMO Strategy on the reduction of greenhouse gas (GHG) emissions from ships.

The meeting of the Intersessional Working Group on Reduction of GHG Emissions from Ships lasted four days, from 20 to 24 March, with more than 750 registered participants from nearly 80 IMO Member States.

The topics of discussion were proposals relating to potential amendments to the IMO ship fuel oil consumption Data...

https://container-news.com/imo-to-develop-updated-plan-for-shipping-greenhouse-gas-emissions-cut/

Νew IMO regulations to support container freight market recovery

The limited increase in ship supply driven by the new International Maritime Organization (IMO) regulations is expected to contribute to the recovery of the shipping freight market in the medium and long term, according to S&P Global Market Intelligence.

The analysis shows that while freight rates are expected to return to the pre-pandemic level in 2023, limited active supply growth driven by regulations (demolitions and speed) will likely help the market to recover from 2024 onwards.

“Freight...

https://container-news.com/νew-imo-regulations-to-support-container-freight-market-recovery/

ICS suggests global CO2 reduction plan

The International Chamber of Shipping (ICS) proposes a global CO2 reduction fund to reward companies that use low-emission fuels.

On 25 October, ICS announced proposals to accelerate the shipping sector’s transition to zero carbon by financially rewarding ships and energy producers that invest in low/zero emission fuels.

In a paper to the International Maritime Organization (IMO), ICS proposes a ‘fund and reward’ system to catalyse the adoption of alternative fuels, which currently cost at least...

https://container-news.com/ics-suggests-global-co2-reduction-plan/

IMO, MOWCA Agree on Joint Action Plan for Maritime Security

  • Adalikwu described the JAP as a bold step towards ensuring improved safety of ships, crew members and cargoes on African waters, especially in the West and Central African regions.
  • He added that the move would engender more technical cooperation between IMO and MOWCA for strategic human capital development that will leverage technology.
  • “Enhancing gender diversity and safety of women in the maritime sector.”

A Joint Action Plan (JAP) has been approved by the International Maritime Organization...

https://mfame.guru/imo-mowca-agree-on-joint-action-plan-for-maritime-security/

Carbon-Free Fuels Will Increase The Cost Of Transporting Freight

DNV’s latest maritime forecast features 24 different scenarios for ship bunkers, entailing anything up to $28bn in annual investment between now and 2050, says an article published in The Loadstar.

High uptake of ammonia

Carbon-free fuels will push up the price of transporting freight, costs that will be passed on to the carriers’ customers.

“The largest investments come in scenarios with high uptake of ammonia or methanol,” said DNV maritime forecast consultant Eirik Ovrum, who added that the...

https://mfame.guru/carbon-free-fuels-will-increase-the-cost-of-transporting-freight/

ILO, IMO call for urgent action on stranded seafarers in Ukraine

The International Labour Organization (ILO) and the International Maritime Organization (IMO) call for urgent action to protect seafarers and vessels stranded in Ukrainian ports and nearby waters, after the Russian invasion of Ukraine.

ILO director-general, Guy Ryder and IMO secretary-general, Kitack Lim, wrote a joint letter to the heads of the United Nations High Commissioner for Refugees (UNHCR), International Committee of the Red Cross (ICRC) and Médecins Sans Frontières (MSF) to outline the...

https://container-news.com/ilo-imo-call-for-urgent-action-on-stranded-seafarers-in-ukraine/

United Nations organisations call for further action to address seafarer crisis

Four United Nations (UN) bodies including the International Labour Organization (ILO), the International Maritime Organization (IMO), the United Nations Conference on Trade and Development (UNCTAD) and the World Health Organization (WHO) have called for continued global collaboration in order to end the seafarer crisis that at times during the Covid-19 pandemic has left more than 400,000 of them stranded at sea.

In a joint statement issued on 28 February, the four organisations stated that new...

https://container-news.com/united-nations-organisations-call-for-further-action-to-address-seafarer-crisis/

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