Chamber of Shipping (ICS), which represents the world’s national shipowners’
associations and more than 80% of the world merchant fleet, has published its
Annual Review for 2020. The Review covers a broad cross-section of issues in
which ICS is engaged on behalf of the global shipping industry.
The Review explores, in depth, the significant issues faced by the
industry in 2020, including:
The impact of COVID-19 and the
intensifying crew change crisis – COVID-19 related restrictions on travel and
the ability to rotate crew, leaving 400,000 seafarers stranded at sea.
Efforts to decarbonise shipping, including the
ongoing negotiations at the UN International Maritime Organization (IMO) and
the radical industry proposal for a USD 5 billion fund to accelerate the
R&D of zero-carbon technologies.
This year’s Review
offers a comprehensive analysis of ICS’s activities across a wide range of
subjects. This includes: piracy in West Africa and the continuing migrant
crisis in the Mediterranean; supporting the successful implementation of the
IMO 2020 Sulphur Cap and the IMO Ballast Water Management Convention; defending
the global pollution liability regime; and pushing for a fundamental review of
the STCW Convention on seafarers’ training standards.
The Review is of interest to anyone involved with international
The Review is of
interest to anyone involved with international shipping, including shipping
companies, maritime administrations and policymakers.
Speaking on the
publication of the Annual Review, Esben Poulsson, ICS Chairman said:
continues to persuade governments to facilitate the repatriation of 400,000
seafarers stranded at sea
“For the global
shipping industry, 2020 is a year that will be long remembered. As remarked in this
year’s Annual Review, the COVID-19 pandemic has led to significant disruptions
to the industry’s way of working. ICS continues to be at the forefront of
addressing the ongoing crew change crisis, making every effort to persuade
governments to facilitate the repatriation of 400,000 seafarers stranded at
“While much of
this Review necessarily focuses on COVID-19, the vital work of ICS continues,
representing the global industry with its global regulators.
Establishment of a USD 5 billion global R&D fund dedicated to
critical work on the reduction of the industry’s CO2 emissions, to which ICS
remains fully committed. Last December, ICS, along with industry partners,
proposed the establishment of a USD 5 billion global R&D fund dedicated to
zero-carbon technologies. Support from governments for this bold initiative
will be critical if we are to deliver on the ambitious IMO objective to at
least halve total emissions from shipping by 2050.”
“As we move into
ICS’s centenary year, which will hopefully be far less challenging than 2020,
there is still much work for ICS to do in helping to shape the future of