

(Posted on 08/11/21)
As the world considers the harsh realities highlighted by COP26, INTERCARGO warns that shipowners can deliver the target of net-zero emission shipping by 2050 but only with an acceleration in the commercial development of relevant technologies, fuels, propulsion systems and related infrastructure.
INTERCARGO (The International Association of Dry Cargo Shipowners) represents the interests of quality dry cargo shipowners.
Speaking following the recent INTERCARGO semi-annual meetings, Dimitrios Fafalios, Chairman of the Association says: “INTERCARGO fully supports the drive to achieve zero emission shipping by 2050. However global challenges require global solutions and the commercial development of these solutions is within the control of other stakeholders rather than shipowners. We must support the IMO and urge governments to adopt the necessary measures to accelerate R&D of zero-carbon technologies and expedite their deployment. The net-zero target will only be plausible if governments take the necessary action to achieve this. The place to do this is at the IMO.”
His comments follow formal submission of a paper co-sponsored with ICS, at last month’s IMO Intersessional Working Group on Reduction of Emissions from Ships, which puts forward a comprehensive proposal for a global levy on carbon emissions from ships.
“A levy-based market-based measure, with mandatory climate contributions by ships to an IMO Climate Fund, must be brought into effect quickly to accelerate the uptake and deployment of zero-carbon technologies and fuels,” he says. “Good progress towards such medium-term measure was made at IMO’s Intersessional meeting, but this in itself is not enough. We must not jeopardise the 2050 target, and in the short term the approval of the industry proposal, also backed by INTERCARGO, for an International Maritime Research and Development Board (IMRB), in order to accelerate the R&D of zero-carbon technologies is an immediate priority.”
INTERCARGO members are fully behind the drive to more sustainable shipping. Commenting on feedback received during INTERCARGO’s recent semi-annual meetings held in London, Kostas Gkonis, Secretary General of INTERCARGO says: “Our members shared their experiences of the use of energy saving devices, novel technologies, and the operational measures they have been carrying out on bulk carriers to reduce GHG emissions as much as technically and operationally possible.”
While COP26 is seeking answers at the highest level, the IMO will progress the shipping industry’s decarbonisation agenda, with the next meeting of its Marine Environment Protection Committee (IMO MEPC) to take place later this month.
Torvald Klaveness has announced the decision to consolidate all digital services under Klaveness Digital... Read more
The International Association of Dry Cargo Shipowners (INTERCARGO) has renewed its call for straightforward... Read more
The Swedish Club has delivered strong results for 2024, posting a USD 34 million profit and significantly... Read more
In line with NORDEN’s positive long-term outlook for Capesize freight rates, the company have... Read more
OrbitMI, a global provider of maritime software and data products, has expanded its workflow capabilities... Read more
Current ClassNK Senior Vice President Hayato Suga has been appointed as President & CEO as well... Read more
The surge in demand for Cape Size bulk carriers will continue for another six weeks, driven on by increased... Read more
OrbitMI, a leading provider of maritime SaaS software, has announced that Istanbul-based Statu Shipping... Read more
“The International Association of Dry Cargo Shipowners (INTERCARGO) is deeply saddened by the... Read more
As the shipping industry continues its transition to carbon-neutral fuels, ammonia and hydrogen are... Read more