- The Annual Review highlights INTERCARGO’s transformative year, with innovative initiatives and record membership growth.
- Major milestones include the launch of the Dry Bulk Centre of Excellence (DBCE) and the introduction of the DryBMS portal.
- INTERCARGO released its first ESG-focused report, showcasing achievements in environmental, social, and governance practices.
- Safety remained a priority, with a decline in ship losses reported but continued vigilance urged for cargo liquefaction risks.
- The review addresses key challenges, including net-zero emissions goals, maritime security issues, and compliance with global conventions.
A Year of Transformative Growth
INTERCARGO experienced a significant year of progress, achieving record-breaking membership levels and advancing initiatives designed to strengthen the dry bulk sector.
Launch of the Dry Bulk Centre of Excellence
A landmark achievement was the launch of the Dry Bulk Centre of Excellence and its DryBMS portal, showcasing the industry’s dedication to improving safety, performance, and operational standards.
Progress in ESG Reporting
The Association published its inaugural ESG-focused report, highlighting strides in environmental stewardship, social responsibility, and governance. This step marks INTERCARGO’s commitment to fostering sustainable practices in the shipping industry.
Focus on Safety and Operational Excellence
Safety remains at the core of INTERCARGO’s efforts. The Bulk Carrier Casualty Report revealed a reduction in ship losses, but the Association emphasized the ongoing need to mitigate risks such as cargo liquefaction.
Addressing Industry Challenges
INTERCARGO actively engaged with challenges facing the maritime sector, including implementing the IMO’s net-zero emissions targets, addressing security concerns in the Red Sea, and ensuring compliance with the Ballast Water Management Convention.
A Resource for Stakeholders
The Annual Review provides comprehensive insights into INTERCARGO’s technical initiatives, policy perspectives, and stakeholder collaborations, reaffirming its leadership role in shaping the future of dry cargo shipping.
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Source: Intercargo
