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ICS board meets in London

The Board of Directors of the International Chamber of Shipping (ICS) - the principal international trade association for shipowners, representing all sectors and trades and over 80% of the world merchant fleet - met in London on February 5, 2013.Issues considered by ICS members included:frustration with the failure of Italy to submit a full maritime casualty report to the International Maritime Organization (IMO) following the 'Costa Concordia' cruise ship tragedy which occurred over a year ago; the continuing discussions at IMO and elsewhere on the best means of achieving further carbon dioxide (CO2) emissions reduction from ships; and serious concerns that the IMO Convention on Ship Recycling, adopted to improve standards throughout the world's ship recycling yards, is in danger of being undermined by regional measures being discussed by the European Union. ICS Commits to CO2 MRVThe ICS Board reviewed recent developments with respect to the international regulation of CO2 emissions from ships. This included proposals by the United States and the European Commission, and others, concerning the establishment of a mandatory system of Monitoring, Reporting and Verification of emissions (known as 'MRV').ICS Chairman, Masamichi Morooka, explained: "Our meeting agreed that ICS will fully support the concept of MRV, provided ...

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