INTERCARGO Reaffirms Call for Simplicity as IMO Climate Talks Intensify

27.03.2025

International dry bulk shipping, which is the largest shipping sector, urges practical approach ahead of critical ISWG-GHG-19 and MEPC 83 meetings.

The International Association of Dry Cargo Shipowners (INTERCARGO) has renewed its call for straightforward and practical mid-term measures as the IMO’s climate negotiations enter the next critical phase. With ISWG-GHG-19 and MEPC 83 in the coming weeks, where key decisions on implementing the IMO’s GHG strategy are expected, INTERCARGO emphasises that clarity and simplicity must remain central to any framework adopted.

INTERCARGO cautions against overly complicated mechanisms and believes that key priorities for the upcoming negotiations should be simplicity, predictability and implementation readiness:

·         As complex measures gain traction in discussions, INTERCARGO continues to advocate for a clear, predictable carbon price that shipping companies can easily integrate into business planning.

·         The measures to be adopted at MEPC 83 need to be able to be supported by equally practical implementation guidelines and meet realistic implementation timelines.

The upcoming ISWG-GHG-19 and MEPC 83 meetings represent a pivotal moment for maritime decarbonisation,” said INTERCARGO’s Secretary General, Kostas Gkonis. “We fully support ambitious environmental goals, but the measures adopted must be practical and implementable also for tramp and bulk shipping, which is the largest shipping sector. As negotiations intensify, we urge Member States to focus on solutions that will deliver real emissions reductions without compromising operational efficiency and the smooth global transportation of essential goods.

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.

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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