Subscribe to our Mailing Lists (It's free!)
Friday, June 27, 2025
SAFETY4SEA
  • Home
  • Safety
    • All
    • Accidents
    • Alerts
    • Loss Prevention
    • Maritime Health
    • Regulation
    • Safety
    • Seafarers
    • Security
    India

    Indian stakeholders warn ship retirement rule may cut 20,000 jobs

    Britannia: Follow safety protocols carefully

    Britannia: Follow safety protocols carefully

    Netherlands

    Fire breaks out aboard inland cargo vessel in the Netherlands

    seafarers

    Regulatory focus: New STCW requirements effective from 2026

  • SEAFiT
    • All
    • Intellectual
    • Mental
    • Physical
    • Social
    • Spiritual
    Book Review: Building leaders the MMMA way

    Book Review: Feel grounded and think positive in 10 simple steps

    time

    Stay SEAFiT: Time is non-renewable – invest it wisely

    public speaking

    8 Key rules of Public Speaking

    social media

    Mindfulness and social media: M.I.N.D. your media

  • Green
    • All
    • Arctic
    • Ballast
    • Emissions
    • Fuels
    • Green Shipping
    • Pollution
    • Ship Recycling
    • Technology
    hydrogen norway

    New green hydrogen facility in Norway aims to launch in 2028

    green shipping recycling

    BIMCO: 16,000 ships could be recycled over the next 10 years

    towngas

    Towngas signs green methanol agreements

    shanghai port

    Shanghai completes world’s fist STS transfer of liquid carbon

  • Smart
    • All
    • Connectivity
    • Cyber Security
    • E-navigation
    • Energy Efficiency
    • Maritime Software
    • Smart
    iaph cyber security

    IAPH releases cyber security guidelines for new port technologies

    germany latvia

    Latvia and Germany collaborate on smart port initiative

    imo autonomous shipping

    IMO in talks over autonomous shipping ahead of MSC 110

    germany latvia

    Smart vessel embarks on its first journey in China

  • Risk
    • All
    • CIC
    • Detentions
    • Fines
    • PSC Focus
    • Vetting
    oil theft nigeria

    Nigeria arrests 76 ships during two-year oil theft crackdown

    paris mou

    M/V Goldy Seven refused access to the Paris MoU

    detention

    Kerala High Court detains vessel in connection to previous incident

    ai remote inspections

    BV develops AI took to advance remote inspections

  • Others
    • All
    • Diversity in shipping
    • Maritime Knowledge
    • Offshore
    • Ports
    • Shipping
    • Sustainability
    • Videos
    US Iran

    US contemplates easing sanctions against Iran to aid recovery

    USA

    Veson Nautical: US boasts 4th largest fleet valued at USD 116.5 bn

    ETF ocean pact

    ETF: Ensure ocean workers are not just consulted but involved

    container ship

    BIMCO Container Outlook: Stable demand despite uncertainties

  • Columns
    fuels

    VPS: Effect of FAME contamination on engine oils

    strait of Hormuz

    Could the Strait of Hormuz close amid an Iran–Israel war?

    LR: Good data is a crucial foundation for improving safety

    ABS Consulting: Make cyber risk part of the daily safety conversation

    Trending Tags

    • Anchor Your Health
    • Book Review
    • Career Paths
    • Human Performance
    • Industry Voices
    • Interviews
    • Maripedia
    • Maritime History
    • Regulatory Update
    • Resilience
    • Seafarers Stories
    • SeaSense
    • Training & Development
    • Wellness Corner
    • Wellness Tips
  • Events
  • Plus
No Result
View All Result
  • Home
  • Safety
    • All
    • Accidents
    • Alerts
    • Loss Prevention
    • Maritime Health
    • Regulation
    • Safety
    • Seafarers
    • Security
    India

    Indian stakeholders warn ship retirement rule may cut 20,000 jobs

    Britannia: Follow safety protocols carefully

    Britannia: Follow safety protocols carefully

    Netherlands

    Fire breaks out aboard inland cargo vessel in the Netherlands

    seafarers

    Regulatory focus: New STCW requirements effective from 2026

  • SEAFiT
    • All
    • Intellectual
    • Mental
    • Physical
    • Social
    • Spiritual
    Book Review: Building leaders the MMMA way

    Book Review: Feel grounded and think positive in 10 simple steps

    time

    Stay SEAFiT: Time is non-renewable – invest it wisely

    public speaking

    8 Key rules of Public Speaking

    social media

    Mindfulness and social media: M.I.N.D. your media

  • Green
    • All
    • Arctic
    • Ballast
    • Emissions
    • Fuels
    • Green Shipping
    • Pollution
    • Ship Recycling
    • Technology
    hydrogen norway

    New green hydrogen facility in Norway aims to launch in 2028

    green shipping recycling

    BIMCO: 16,000 ships could be recycled over the next 10 years

    towngas

    Towngas signs green methanol agreements

    shanghai port

    Shanghai completes world’s fist STS transfer of liquid carbon

  • Smart
    • All
    • Connectivity
    • Cyber Security
    • E-navigation
    • Energy Efficiency
    • Maritime Software
    • Smart
    iaph cyber security

    IAPH releases cyber security guidelines for new port technologies

    germany latvia

    Latvia and Germany collaborate on smart port initiative

    imo autonomous shipping

    IMO in talks over autonomous shipping ahead of MSC 110

    germany latvia

    Smart vessel embarks on its first journey in China

  • Risk
    • All
    • CIC
    • Detentions
    • Fines
    • PSC Focus
    • Vetting
    oil theft nigeria

    Nigeria arrests 76 ships during two-year oil theft crackdown

    paris mou

    M/V Goldy Seven refused access to the Paris MoU

    detention

    Kerala High Court detains vessel in connection to previous incident

    ai remote inspections

    BV develops AI took to advance remote inspections

  • Others
    • All
    • Diversity in shipping
    • Maritime Knowledge
    • Offshore
    • Ports
    • Shipping
    • Sustainability
    • Videos
    US Iran

    US contemplates easing sanctions against Iran to aid recovery

    USA

    Veson Nautical: US boasts 4th largest fleet valued at USD 116.5 bn

    ETF ocean pact

    ETF: Ensure ocean workers are not just consulted but involved

    container ship

    BIMCO Container Outlook: Stable demand despite uncertainties

  • Columns
    fuels

    VPS: Effect of FAME contamination on engine oils

    strait of Hormuz

    Could the Strait of Hormuz close amid an Iran–Israel war?

    LR: Good data is a crucial foundation for improving safety

    ABS Consulting: Make cyber risk part of the daily safety conversation

    Trending Tags

    • Anchor Your Health
    • Book Review
    • Career Paths
    • Human Performance
    • Industry Voices
    • Interviews
    • Maripedia
    • Maritime History
    • Regulatory Update
    • Resilience
    • Seafarers Stories
    • SeaSense
    • Training & Development
    • Wellness Corner
    • Wellness Tips
  • Events
  • Plus
No Result
View All Result
SAFETY4SEA

Governments decide on ICS R&D fund to accelerate zero-carbon shipping

by The Editorial Team
November 22, 2021
in Green Shipping
Governments decide on ICS R&D fund to accelerate zero-carbon shipping

A previous MEPC meeting held at IMO headquarters in London, May 2019. Credit: IMO

FacebookTwitterEmailLinkedin

One week after COP26, 174 governments will meet this week at the IMO in London to address the pressing carbon emission reduction challenges facing international shipping.

A critical meeting of the Marine Environment Protection Committee (MEPC), held by the global shipping industry’s UN regulator, will decide whether to go ahead with a USD 5 billion R&D fund – the ‘IMO Maritime Research Fund (IMRF)’.

Paid for entirely by the industry, at no cost to governments or taxpayers, the fund would be used to accelerate the rapid increase of Technology Readiness Levels to ensure zero-carbon fuels can be used on large ocean-going ships.

RelatedNews

New green hydrogen facility in Norway aims to launch in 2028

Towngas signs green methanol agreements

If approved, the R&D fund is expected to be up and running by 2023, with the ability to put large numbers of zero-carbon ships in the water by 2030, making net zero shipping by 2050 a reality.

Esben Poulsson, Chairman of ICS said:

If governments do not support the IMRF, we have to ask the question… why?The fund is a ‘no brainer’. Something you’d have thought governments would jump at to send a clear message to the world that they are serious about achieving their climate goals.

A proposal for the IMRF was first put forward in 2019 and is now supported by major shipping nations including Denmark, Greece, Japan, Panama, Singapore and the United Kingdom, plus developing nations such as Liberia, Nigeria and Palau, who collectively represent the majority of the world’s shipping.

However, the IMRF needs regulatory approval from the majority of governments attending MEPC for the mandatory R&D contribution system to be passed, which will be funded by collecting USD2 per tonne of marine fuel consumed by ships trading internationally.

Guy Platten, Secretary General of ICS said: “This really is the first ‘litmus test’ on governments’ commitments to decarbonisation since COP26.

“The USD 5 billion R&D fund provides governments with the opportunity to prove that their words have meaning, and they are serious about the transition to a zero-carbon sector.

“At COP 26, governments announced many plans, but we need to ensure we have the necessary zero-carbon technologies to actually make this happen. Importantly this needs to be for all and not just the few, as the R&D Fund provides.”

Despite widespread calls during COP26 for global shipping to decarbonise completely by 2050, a goal which the shipping industry fully supports, ICS fears that some governments may raise procedural obstacles to the establishment of an R&D fund. This is due to suspicions that collaborative action benefiting global CO2 reduction efforts might negatively affect what governments perceive to be their national or regional interests.

Governments decide on ICS R&D fund to accelerate zero-carbon shippingGovernments decide on ICS R&D fund to accelerate zero-carbon shipping
Governments decide on ICS R&D fund to accelerate zero-carbon shippingGovernments decide on ICS R&D fund to accelerate zero-carbon shipping
Tags: COP 26decarbonizationgreen practicesICSIMO MEPCIMRFMEPC 77
Previous Post

New report sets to examine sea-based sources of marine litter

Next Post

The PowerHouse to test hydrogen technologies for maritime

Related News

ship recycling
Ship Recycling

UAE SRR comes into force alongside Hong Kong Convention

June 26, 2025
windsails
Green Shipping

Tanker gets fitted with windsails under Danish Cleanship Project

June 25, 2025
electrification
Green Shipping

Industry associations launch global electrification alliance

June 25, 2025
methanol
Green Shipping

Shandong Shipping orders ten dual-fuel VLOCs

June 23, 2025
IMEC: Skilled and motivated seafarers are crucial to drive the industry’s decarbonisation efforts
Opinions

IMEC: Skilled and motivated seafarers are crucial to drive the industry’s decarbonisation efforts

June 23, 2025
green shipping
Green Shipping

IMO on track to adopt new regulations, UN Climate Meeting hears

June 23, 2025

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Explore more

No Result
View All Result
MARITIME EVENTS

Explore

  • Safety
  • SEAFiT
  • Green
  • Smart
  • Risk
  • Others
  • SAFETY4SEA Events
  • SAFETY4SEA Plus Subscription

Useful Links

  • About
  • Disclaimer
  • Editorial Policies
  • Advertising
  • Content Marketing
  • Contact

© 2025 SAFETY4SEA

No Result
View All Result
  • Safety
    • Accidents
    • Alerts
    • Loss Prevention
    • Maritime Health
    • Regulation
    • Safety
    • Seafarers
    • Security
  • SEAFiT
    • Intellectual
    • Mental
    • Physical
    • Social
    • Spiritual
  • Green
    • Arctic
    • Ballast
    • Emissions
    • Fuels
    • Green Shipping
    • Pollution
    • Ship Recycling
    • Technology
  • Smart
    • Connectivity
    • Cyber Security
    • E-navigation
    • Energy Efficiency
    • Maritime Software
    • Smart
  • Risk
    • CIC
    • Detentions
    • Fines
    • PSC Case Studies
    • PSC Focus
    • Vetting
  • Others
    • Diversity in shipping
    • Maritime Knowledge
    • Offshore
    • Ports
    • Shipping
    • Sustainability
    • Videos
  • Columns
    • Anchor Your Health
    • Book Review
    • Career Paths
    • Human Performance
    • Industry Voices
    • Interviews
    • Maripedia
    • Maritime History
    • Opinions
    • Regulatory Update
    • Resilience
    • Seafarers Stories
    • SeaSense
    • Tip of the day
    • Training & Development
    • Wellness Corner
    • Wellness Tips
  • SAFETY4SEA Events
  • SAFETY4SEA Plus Subscription

© 2025 SAFETY4SEA

Manage your privacy
We use technologies like cookies to store and/or access device information. We do this to improve browsing experience and to show (non-) personalized ads. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
Manage options
{title} {title} {title}
No Result
View All Result
  • Safety
    • Accidents
    • Alerts
    • Loss Prevention
    • Maritime Health
    • Regulation
    • Safety
    • Seafarers
    • Security
  • SEAFiT
    • Intellectual
    • Mental
    • Physical
    • Social
    • Spiritual
  • Green
    • Arctic
    • Ballast
    • Emissions
    • Fuels
    • Green Shipping
    • Pollution
    • Ship Recycling
    • Technology
  • Smart
    • Connectivity
    • Cyber Security
    • E-navigation
    • Energy Efficiency
    • Maritime Software
    • Smart
  • Risk
    • CIC
    • Detentions
    • Fines
    • PSC Case Studies
    • PSC Focus
    • Vetting
  • Others
    • Diversity in shipping
    • Maritime Knowledge
    • Offshore
    • Ports
    • Shipping
    • Sustainability
    • Videos
  • Columns
    • Anchor Your Health
    • Book Review
    • Career Paths
    • Human Performance
    • Industry Voices
    • Interviews
    • Maripedia
    • Maritime History
    • Opinions
    • Regulatory Update
    • Resilience
    • Seafarers Stories
    • SeaSense
    • Tip of the day
    • Training & Development
    • Wellness Corner
    • Wellness Tips
  • SAFETY4SEA Events
  • SAFETY4SEA Plus Subscription

© 2025 SAFETY4SEA