Tag: The International Chamber of Shipping

Shipping industry proposes $2.5 billion annual GHG fee to achieve net zero by 2050

Shipping industry proposes $2.5 billion annual GHG fee to achieve net zero by 2050

August 14, 2024 |

In the UK, the International Chamber of Shipping , alongside the governments of the Bahamas and Liberia, proposed a comprehensive plan to the International Maritime Organization  including a $2.5 billion annual GHG Fee to drive the adoption of zero or near-zero GHG marine fuels and meet net zero shipping emissions by 2050. The fee would […]

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ICS proposes zero emission shipping fund to accelerate pace for global net zero 

ICS proposes zero emission shipping fund to accelerate pace for global net zero 

February 3, 2024 |

In the UK, The International Chamber of Shipping (ICS) has submitted a detailed, fit-for-purpose proposal to shipping’s global regulator, the UN International Maritime Organization (IMO), for a Zero Emission Shipping Fund (ZESF). The purpose is to accelerate transition by the global commercial shipping fleet to net zero emissions by 2050 and support the maritime GHG […]

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