SERVICES

Emissions: ICS confident to reach 40% target

London - The International Chamber of Shipping believes that shipping will improve its carbon efficiency by at least 40% by 2030 compared to 2008, in line with the UN targets to reduce greenhouse gas emissions

London - The International Chamber of Shipping (ICS) – which represents the world’s national shipowner associations – remains confident that shipping will improve its carbon efficiency by at least 40% by 2030 compared to 2008, in line with the UN International Maritime Organization targets to reduce greenhouse gas emissions.

This follows important decisions made by the IMO Marine Environment Protection Committee which met in London this week.

“We welcome the adoption of important new IMO regulations to strengthen and bring forward the application of the Energy Efficiency Design Index for several different types of new build vessel, including containerships,” commented ICS Secretary General, Guy Platten. “We are keen to see further progress on developing more short term measures to help the existing fleet reduce its emissions, and are optimistic that IMO Member States can agree some additional regulations, during 2020, combining prescriptive and goal based approaches that will deliver further GHG reductions before 2023.”

“If this solid IMO momentum continues then the industry is on track to meet the 2030 target. Progress by the industry so far will be clearer after the conduct of the next IMO Greenhouse Gas Study, whose terms of reference were finalised this week. Hopefully this will confirm that the sector’s total emissions actually peaked in 2008 due to the technical and operational efficiency measures that shipping has taken since then to reduce its fuel consumption , ” said Platten.

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