In an industry first, ICS selected as network partner for taskforces on trade, energy, and finance & infrastructure to highlight the key role of shipping in global trade and the need to end ‘crew change crisis’. Namely, in the upcoming 2021 ‘ Business Twenty’ (B20), ICS has been selected as a network partner in which it will also present a report outlining the benefits of ending protectionism in maritime economies.
This announcement comes as senior figures from across the international shipping community met at the (virtual) annual ICS board meeting. This move, guided by Confitarma – the Italian Shipowners’ Association which is a member of Confindustria, the Italian industry association leading the B20, signals a renewed commitment to relieving the global ‘crew change crisis’, which continues to trap hundreds of thousands of seafarers on their vessels around the world, and impedes the global distribution of vaccines and PPE.
The ICS report, which will be made public later this month, will be the most comprehensive assessment of restrictive trade policies currently being implemented worldwide, and is anticipated to be showcased to the G20 itself.
Confindustria, the Confederation of Italian Industry, the unique B20 host organization nominated ICS to be a ‘Network Partner.’ Network Partners support the B20 by providing insights and partnerships with international business organisations and associations. The ICS will also highlight the issues surrounding the decarbonisation of the shipping sector, something the ICS terms the ‘fourth propulsion revolution’.
Esben Poulsson, Chairman of the ICS, commented:
“The need for shipping to have a seat at the highest table of international businesses has never been clearer. Shipping is the vital link in the delivery of food, medicines and other vital goods around the world. We look forward to seeking a solution for the industry in terms of trade regulations and the equitable transition to a zero emissions industry.”
Mario Mattioli, Chairman of Confitarma, commented that the presence of ICS with Confitarma in the B20 taskforces is a welcome step in the right direction.