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INTERCARGO joins shipping industry in calls for IMO to amend CII flaws

CII in its current format is inadequate and its one-size-fits approach, has inherent flaws that unfairly punish the shipping industry, particularly the dry bulk sector.

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The International Association of Dry Cargo Shipowners (INTERCARGO), representing 50 companies from 30 countries, on Thursday (11 July) issued a statement indicating its position on flaws related to the Carbon Intensity Indicator (CII).

With discussions regarding the IMO’s (International Maritime Organization) Carbon Intensity Indicator (CII) due to recommence at their Marine Environment Protection Committee (MEPC) 82 meeting in September, INTERCARGO, the association of dry bulk shipping companies, together with the other global shipping associations, have issued a pertinent joint policy statement to the IMO calling for changes to the flaws in the Carbon Intensity Indicator (CII).

Along with CLIA, BIMCO, InterManager, ICS, and INTERTANKO, INTERCARGO has indicated that the CII in its current format is inadequate and its one-size-fits approach, has inherent flaws that unfairly punish the shipping industry, particularly the dry bulk sector.

In line with the IMO’s strategy to reduce emissions from shipping, the sector is actively striving to do all it can to achieve the goal of being carbon free by 2050. However, due to serious shortcomings with the CII metric the shipping industry is calling on the IMO to amend the current way the CII is applied, in order to avoid unintentional outcomes that conflict with the IMO Strategy to reduce overall greenhouse gas emissions.

In addition, INTERCARGO is calling on the regulatory authorities to work in closer cooperation with the shipping industry and flag states, to ensure that the true environmental performance of vessels is reflected in the CII.

Kostas Gkonis, Secretary General of INTERCARGO, said: “In March the IMO recognised the concerns raised by the shipping industry relating to the shortcomings and unintended consequences of the CII, resulting in agreement that it should be reviewed. The IMO has, so far, received 78 submissions calling for amendments and/or highlighting the concerns of the CII. INTERCARGO and the rest of the shipping industry will be part of the solution to these issues, and we look forward to the commencement of the CII review at the IMO’s Marine Environment Protection Committee in the autumn.”

INTERCARGO and its members remain fully committed to safe, sustainable shipping in clean oceans and in line with IMO targets, we will continue to strive to be carbon free by 2050.

Related: INTERCARGO: Current CII has ‘significant flaws’ that need to be addressed
Related: EU beginning to grasp realities of shipping, says INTERCARGO

 

Photo credit: International Maritime Organization
Published: 16 July 2024

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Voting for IBIA Board Elections 2025 open till 14 February

Nine candidates for this year include Julie Louise Nielsen, StormGeo’s Global Head of Bunker Sales, and Victor Leóne, Bunker Partner’s Global Business Development Manager.

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The International Bunker Industry Association (IBIA) on Wednesday (8 January) said voting for the IBIA Board Elections 2025 is now open until 14 February at noon GMT.

This year nine candidates are standing for election, with two vacancies to fill.

“Members of IBIA are encouraged to vote for the candidates who in their opinion will make a meaningful contribution to the running of the Association,” it said. 

All paid-up members of IBIA should receive a link from CES – [email protected], that will enable them to vote.

The candidates in this year’s IBIA Board Elections are:

  • Mustafa Aslan, Chairman, Asmira Group (based in Turkey)
  • Juliana Gene, Senior Head of New Business and Traders, Organización Terpel S.A. (based in Colombia)
  • Victor Leóne, Global Business Development Manager, Bunker Partner APAC Pte. Ltd. (based in Singapore)
  • Anna Malamen, Finance Director, PMG Energies SA (based in the United Kingdom)
  • Julie Nielsen, Global Head of Bunker Sales & Chair of the Board of Denmark, StormGeo – Part of Alfa Laval Group (based in Denmark)
  • Valeria Sessa, CEO, Reseaworld S.r.l. (based in Italy)
  • Rakesh Sharma, Managing Partner, Flex Commodities DMCC (based in the United Arab Emirates)
  • Fouad Talaat, CEO, Chairman and Managing Director, General for shipping agencies, marine services, and investment Group SAE (based in Egypt)
  • Azfar Zain, Senior Trader, Pertamina International Marketing & Distribution Pte. Ltd. (based in Singapore)

The results of the election will be announced at the IBIA AGM on 24 February.

The newly elected IBIA Board members will take up their positions with effect from 1 April.

Note: Details about the candidates and their electoral statements can be found here

Related: Julie Louise Nielsen steps into role of StormGeo Global Head of Bunker Sales 

 

Photo credit: International Bunker Industry Association
Published: 10 January, 2025

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IBIA announces formation of European Regional Board

New board will play a vital role in fostering collaboration across the European bunker and shipping industry, addressing key regional issues, and supporting IBIA’s mission.

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IBIA announces formation of European Regional Board

The International Bunker and Industry Association (IBIA) on Wednesday (6 November) announced the formation of its European Regional Board, marking the completion of the association’s commitment to establish five regional boards globally. 

IBIA said the new board will play a vital role in fostering collaboration across the European bunker and shipping industry, addressing key regional issues, and supporting IBIA’s mission to promote a fair and sustainable marine fuel landscape.

The European Regional Board will be chaired by Charlotte Rojgaard, Global Marine Fuels Director at Bureau Veritas Verifuel.

She will be joined by influential industry leaders: John Stirling, Director of Marine Technical at World Fuel Services; Kenneth Juhls, Managing Director at ZeroNorth Bunker; Andrea Realfonzo from Grimaldi Group’s Corporate Bunker & Chartering Department; Sofia Furstenberg Stott, Partner at Furstenberg Maritime Advisory; Peter Grunwaldt, Vice President at Hafnia; Jan Christensen, Senior Director, Fuels, Lubricants & Chemicals, Hapag-Lloyd AG and Capt John Ghio, CEO & Captain of the Port, Gibraltar.

Charlotte Rojgaard said: “It is an honour to lead IBIA’s European Regional Board, where we have a unique opportunity to drive meaningful progress on issues specific to Europe’s diverse and dynamic bunker industry.”

“With this team, we are well-equipped to tackle both today’s challenges and tomorrow’s opportunities in marine fuels and environmental stewardship.”

Related: IBIA supports local needs with the forming of Regional Boards

 

Photo credit: International Bunker and Industry Association
Published: 8 November, 2024

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Bunker Fuel

IBIA calls for nominations for Board Elections 2025

IBIA says there will be four vacancies and these elections are an opportunity for IBIA members to seek election to the board and take part in the running of the Association.

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The International Bunker Industry Association (IBIA) on Friday (25 October) said it is arranging an election to replace board members whose term will be ending on 31 March 2025. 

IBIA added there will be four vacancies and these elections are an opportunity for IBIA members to seek election to the board and take part in the running of the Association.

“Members of IBIA are invited to propose candidates for election who in their opinion will make a meaningful contribution to the running of the Association,” the association said on its website. 

“Prospective Board Members should be aware that being a Board Member is not just a titular position; they are expected to take an active part in the activities of the Association.”

Candidates for the election to the Board must:

  •       Consent to stand for election
  •       Be paid-up members of the Association
  •       Be proposed and seconded by paid-up Members of the Association
  •       Complete and return the nomination form

Completed forms must be delivered to the Secretariat no later than Friday 13 December 2024 via email to [email protected].

Nominations received after the closing date will not be accepted.

Here are copies of the Responsibilities of IBIA Board Members and to download the nomination form click: IBIA Board Election Nomination Form.

Note: Copies of the Responsibilities of IBIA Board Members can be found here and the IBIA Board Election Nomination Form can be downloaded here. Prospective candidates should also look at the Bye-Laws, particularly Sections 12-15.

 

Photo credit: International Bunker Industry Association
Published: 28 October 2024

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