INTERCARGO firmly believes that IMO is the appropriate body to address the global
challenge of GHG emissions, as the competent authority to do so, says a report published in the annual review of the company.
The report published on their website goes onto highlight how shipping is the most efficient transportation mode and its because the regulatory body, the IMO, was the first to address GHG emissions by adopting technical and operational requirements for new and existing vessels with global application as early as 2011.
Insufficient thinking Outside IMO?
It is disappointing that in the meantime, we have witnessed the demonstration of regional and insufficient thinking outside the IMO framework.
INTERCARGO welcomed the initial strategy for the reduction of Greenhouse Gas (GHG) from ships adopted by IMO in 2018 and continues its participation in the global regulator’s deliberations.
The IMO Member States, representing both developed and developing countries, had
the responsibility of agreeing on the Initial IMO Strategy on reduction of GHG emissions, comprising a Vision, Levels of Ambition and Guiding Principles, in what continues as an
This is not an easy task as, for one thing, their representatives should not fail to take into account the safety and practical issues affecting ships and any potential impact of the commitments they make on international trade.
Technological Support Required To Meet the Target
The ambitious objectives that have been set will require adequate technological solutions, as INTERCARGO has argued on many occasions. GHG emissions largely depend on the design and the technology of the constructed ships, their engines and machinery, and the fuels used for propulsion.
Shipowners are the users of the ships and the technologies they feature, as made available by shipbuilders and manufacturers, and utilise the fuels made available by suppliers; another critical aspect is that very often it is the charterers who have the responsibility for how vessels are utilised.
Dry Bulk Shipowners To Support Technological Solutions
However, it is certain that our Members – the dry bulk shipowners – will embrace and fully support any competitive technological solutions with a better GHG footprint that will be made available to the market, as they have done in the past.
With the above in mind, INTERCARGO fully supports IMO and its environmental objectives in this milestone agreement on an initial strategy for reducing greenhouse gases from
ships and, in its consultative role, continues to participate in the IMO process for setting ambitious yet realistic goals that ensure a global level playing field for shipping.
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