Global shipping emits 2% of the world’s carbon dioxide emissions and this is projected to increase. No wonder there have been widespread calls for the shipping industry to reduce its hazardous emissions by replacing traditional fuels with “greener” alternatives.
On Tuesday May 15th, the International Maritime Organisation hosted a high-level, live-streamed debate on its role as a regulator in the future of shipping and international trade.
Vincent Wee talks to International Chamber of Shipping (ICS) secretary-general Peter Hinchliffe and chairman Esben Poulsson about the complexities of achieving successful yet cost effective regulations for shipowners.
Maritime Industry Authority (Marina) Administrator Rey Leonardo B. Guerrero has proposed a 14-point agenda to give the agency the boost that it needs to carry out lasting reforms in the industry.
With Asia gaining prominence in the maritime industry, the relationship between the Asian shipowners and the International Chamber of Shipping (ICS) has become even more important.