World News
IMO and WSC Respond to New Study Criticising Emission Reduction Efforts
The International Maritime Organization (IMO) and the World Shipping Council (WSC) have responded to a recent report from InfluenceMap that criticised IMO progress on shipping emissions, World Maritime News reports.
As Ship & Bunker reported earlier in the week, in the report, InfluenceMap suggests that shipping trade associations, led by the International Chamber of Shipping (ICS), have been delaying efforts at IMO to regulate shipping industry emissions.
WSC has since said the study misrepresents its efforts toward reducing carbon emissions from shipping.
"WSC has offered concrete proposals for both short and long-term carbon reductions, including establishment of an International Maritime Research Board with a mandate to direct and fund research and development of new and improved marine propulsion systems, electric generation plants, fuels, and ship design; periodic review and modification of EEDI standards to promote the introduction of increasingly carbon-efficient tonnage in the maritime fleet; and reduction of air emissions from the existing fleet through investments in energy-enhancing technology," said WSC in a statement.
The InfluenceMap report, in a call for increased transparency, also pointed out that the most recent IMO Marine Environment Protection Committee (MEPC) meeting saw 31 percent of nations represented in-part by direct business interests.
Responding, IMO Secretary-General Kitack Lim said representation of national delegations at IMO is "entirely a matter for the countries themselves, and those countries who wish to include industry technical experts or others may do so.
"Neither the IMO Convention, nor any of the Rules of Procedure for individual meetings limits, in any way, Member States’ ability to structure their delegations as they consider most appropriate in order to carefully consider the issues before them," added Lim.
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| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 646.50 | 5.50 | 773.50 | 11.50 |
| Rotterdam | 604.00 | 5.00 | 756.00 | 5.00 |
| Houston | 630.50 | 1.00 | 798.50 | 4.00 |
| Fujairah | 650.50 | 3.00 | 897.00 | 13.50 |
| Global 20 Ports Average | 662.50 | 1.00 | 858.50 | 0.50 |
| Global 4 Ports Average | 633.00 | 3.50 | 806.00 | 6.50 |
| Global Average Bunker Price | 718.50 | 0.50 | 914.00 | 1.00 |
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