INTERCARGO Quality Panel Expansion Enhances Sector Collaboration to Drive Maritime Excellence

13.01.2025

The International Association of Dry Cargo Shipowners (INTERCARGO) announced today a strategic development in meeting the needs of its ever-growing global membership.

Following a productive INTERCARGO Quality Panel meeting with RightShip on 25 November 2024, both organisations have made significant progress in addressing member-raised concerns and developing solutions for the bulk carrier sector, while reinforcing their shared commitment to advancing operational standards in the bulk carrier sector. This collaborative approach is essential for developing effective and pragmatic solutions that enhance safety, transparency and efficiency across the maritime sector.

The next planned meeting is already confirmed for Q1 2025, underlining the long-term nature of this collaboration.

In response to the Quality Panel’s increasing scope of work, INTERCARGO will implement a new structure for it starting January 2025. The Panel will operate through two regional divisions to better accommodate members across different time zones. The Western division will be led by Metaxia Psalti of Neda Maritime as Chair, with Tasos Karlis of Virono serving as Vice-Chair. The Eastern division will be headed by Debashis Sen of Swire Bulk as Chair, supported by Capt. Uttam Kumar Jaiswal of Pacific Basin as Vice-Chair.

Capt. Uttam Kumar Jaiswal, Vice-Chairman of INTERCARGO

“This strategic restructuring and our enhanced dialogue with RightShip demonstrate INTERCARGO’s commitment to proactively addressing our members’ needs,” said Capt. Uttam Kumar Jaiswal, Vice-Chairman of INTERCARGO. “By strengthening these sector partnerships and expanding our global reach, we’re better positioned to tackle critical challenges in vetting inspections, ship-port interfaces, and regulatory compliance.

In parallel, INTERCARGO reaffirms its confidence in established institutional organisations within the industry such as international regulatory bodies and classification societies, recognising their fundamental role in ensuring the long-term equitable governance and advancement of global maritime standards.

Through enhanced dialogue and strategic initiatives, INTERCARGO aims to address the evolving challenges faced by the bulk carrier sector while maintaining a focus on quality, safety and environmental stewardship.

Concluding, Captain Jaiswal stated “The organisation continues to welcome new members, encouraging shipowners, operators, and managers to participate and contribute to the organisation’s meetings, discussions, working panels and groups.”

About INTERCARGO

International shipping is vital for the global economy and prosperity as it transports approximately 90% of world trade. The dry bulk sector is the largest shipping sector in terms of number of ships and deadweight. Dry bulk carriers account for 43% of the world fleet (in tonnage) and carry an estimated 55% of the global transport work. Please view INTERCARGO’s messaging via ESG here: https://www.intercargo.org/esg-review-2024/

The International Association of Dry Cargo Shipowners (INTERCARGO) unites and promotes quality dry bulk shipping, bringing together more than 260 forward thinking companies from 30 countries. INTERCARGO convened for the first time in 1980 in London and has been participating with consultative status at the International Maritime Organization (IMO) since 1993. INTERCARGO provides the forum where dry bulk shipowners, managers and operators are informed about, discuss, and share concerns on key topics and regulatory challenges, especially in relation to safety, security, the environment, and operational excellence. The Association promotes its members’ positions to IMO, as well as to other shipping and international industry fora, having free and fair competition as a principle.

More at www.intercargo.org/

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