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Reducing CO2 is Economic ‘No Brainer’ for Shipowners

ICS tells at UN Climate Change Conference Today, at the United Nations (UNFCCC) Climate Change Conference in Warsaw (COP 19), the International Chamber of Shipping (ICS) will advise a United Nations event on the economics of mitigation that reducing CO2 emissions is an economic 'no brainer' for the global shipping industry. Further efforts by industry to improve fuel efficiency and reduce CO2emissions from ships - which carry about 90% of global trade - is already a matter of enlightened self interest.ICS will explain that fuel is the shipping industry's largest variable operating cost. In the last 5 years alone, fuel prices have increased by about 300%, and are expected to increase by a further 50%-100% due to the imminent switch to low sulphur fuel, soon to be required for most ships by separate International Maritime Organization (IMO) rules."The fuel costs for a typical ship carrying iron ore are already about US$3 million a year. For the latest generation of mega containerships they could be as much $30 million a year" said ICS Director External Relations, Simon Bennett. "The high cost of fuel means that market forces are already providing shipowners with every incentive they need to continue improving their fuel ...

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ICS Questions France about CO2 Reporting Requirements for Ships

ICS has written to French govern to raise concerns about new CO2 emission disclosure requirement The International Chamber of Shipping (ICS), the global trade association for shipowners, has written to the French Government to raise concerns about a new requirement for foreign shipowners to provide information to their French customers about CO2 emissions, using a detailed methodology that has not been discussed internationally. ICS believes that the unilateral application by France of these new CO2 reporting requirements to foreign ships cuts across the principles of global regulatory uniformity and the primacy of IMO as the regulator of international shipping.The new and very detailed rules that have been added to the French Transport Code apply across all transport modes, although the Director General for Maritime Transport is responsible for their enforcement in the maritime sector.ICS has therefore suggested that the Director General for Maritime Transport should advise that these requirements will not be enforced on international shipping pending the outcome of discussions on the monitoring and reporting of fuel consumption and CO2 emissions currently taking place at the International Maritime Organization (IMO).The IMO Marine Environment Protection Committee is now in the process of developing global regulations for the mandatory monitoring and ...

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France : Emission Disclosure Requirements Into Force

France Demands Carbon Footprint on Transport As part of France's objectives to reduce greenhouse gas (GHG) emissions, ship operators are required as of 1October 2013 to disclose the quantity of carbon dioxide (CO2) emitted during transport services. This new CO2 emission disclosure requirement applies to "any public or private persons organising or sellingtransport services for passengers, goods or moving purposes, carried out using one or several means of transport,departing from or travelling to a location in France, with the exception of transport services organised by public orprivate persons for their own behalf" - including ships transporting passengers or cargo to / from French ports.The requirement DOES NOT apply to ships:transiting Frenchwaters;making stops for refuelling or making other technical stops in France;and with no goods or passengersdeparting from or transporting to a location in France.More details regarding the new requirement can be found at Decree n 2011-1336 of 24 October 2011 on information on the quantity of carbondioxide emitted during transport servicesThe Gard P&I Club has issued news alert to inform operators with ships calling at French ports to immediately familiarise themselves with the new CO2disclosure requirements in force and, as the possible methods available for communicating the required informationare numerous, ...

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