There were no major breakthroughs in the on-going discussions about a universal levy at the IMO's Intersessional Working Group on Reduction of GHG Emissions from Ships (ISWG-GHG 18) last week. Any GHG
There were no major breakthroughs in the on-going discussions about a universal levy at the IMO's Intersessional Working Group on Reduction of GHG Emissions from Ships (ISWG-GHG 18) last week. Any GHG emissions pricing mechanism is going to mean big change for the industry, and a lot of different sectors within shipping will be impacted.
InterManager has pointed out, in a paper submitted to the next meeting of the IMO’s Marine Environment Protection Committee (MEPC83 in April), that the role of third-party ship managers needs further consideration.
Roughly 20% of the global fleet is operated by a third-party technical ship manager as the ISM Manager, and work needs to be done to ensure that they are not subject to avoidable litigation. Compared to the charterer and shipowner, the ship manager has no material influence over the GHG intensity of a ship. Ship managers have no say regarding the type of engine powering the managed ship, nor are sails, solar, fuel cells or other installations installed on board. Such choices are decided exclusively by the shipowner.
However, the proposed draft amendments to MARPOL Annex VI on the IMO net-zero framework suggest making ship managers responsible
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