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INTERCARGO Says CII has “Significant Flaws” in Current Format

INTERCARGO says CII has significant flaws that will hurt decarbonization (file photo) INTERCARGO, the association representing owners, operators and managers in the dry cargo sector,...

FMC reveals interim process for handling shippers’ complaints

The Federal Maritime Commission (FMC) has introduced interim procedures through which it will review, investigate, and adjudicate complaints filed by shippers to challenge charges imposed by...

INTERCARGO: CII cannot be used to achieve desired decarbonisation goals

The International Association of Dry Cargo Shipowners (INTERCARGO) has joined the critics of the Carbon Intensity Indicator (CII) framework voicing opposition to its use...

Complaints of unfair D&D charges against MSC pile up at the FMC

Three shippers have filed complaints with the US Federal Maritime Commission (FMC) against container line MSC, citing grievances ranging from unfair charges to inadequate...

‘When it matters, shipping speaks as one’: industry-union pact to keep pandemic cooperative spirit alive

  Unions representing seafarers and maritime employer groups have come together to sign a new memorandum of understanding (MOU) to take forward the ‘spirit of...

SBTi plots course for shipping industry to meet science-based net-zero goals

Global body enabling businesses to set emissions reduction targets in line with climate science the Science Based Targets initiative (SBTi) has launched the world’s...

BIMCO: Global container volumes fall 9.3% y/y as historic growth cycle ends

In this week’s “Shipping Number of the Week” from BIMCO, Chief Shipping Analyst, Niels Rasmussen, looks at the recent weakening of container volumes and...

Intercargo slams CII ‘significant flaws’

Intercargo said it does not support the IMO’s Carbon Intensity Indicator (CII) framework as a benchmark for greenhouse gas emissions reductions in its current...

UMAS tells investors use climate science to avoid stranded assets

Companies should use the latest climate science, derived from the IPCC, as guidance for their investment decisions instead of relying on the shifting political...

INTERCARGO: Net-zero by 2050 can only be achieved with alternative zero carbon fuels

INTERCARGO continues to fully support the ambition to achieve net zero emission shipping by 2050. However, it noted that it is important to stress...
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