CONTINUEThis site uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Find out more.
  1. Front Page
  2. News By Topic
  3. ICS Airs Views On Taxing Maritime Emissions

ICS Airs Views On Taxing Maritime Emissions

by Ulrika Lomas, Tax-News.com, Brussels

01 April 2014


The International Chamber of Shipping has published recommendations addressed to the Marine Environment Protection Committee (MEPC) of the International Maritime Organization (IMO) ahead of its 66th meeting, on the development of a global system for monitoring and reporting CO2 emissions from ships.

At a seminar organised by ICS for senior officials of maritime administrations, in Ålesund, Norway, the ICS explained that it supports a global system, provided that the mechanism is simple to administer, is primarily based on fuel consumption, and that the system itself will not be used for the development of a full blown Market Based Measure.

ICS Director, External Relations, Simon Bennett, explained: "The ICS believes that the question of whether IMO should eventually develop a mandatory system of energy indexing for existing ships – to which ICS is currently opposed – should be left open until after a mandatory CO2 emissions reporting system has been established, trialed, and the results evaluated."

He added: "The priority of ICS is to assure the primacy of IMO as the industry's global regulator. The successful development of a global system will require the support of all IMO member states, including nations such as China. In order to make progress and discourage regional regulation, we think that the MEPC should initially focus on how information about emissions should be collected before launching into detailed discussions about efficiency indexing of ships, on which there is little global consensus. If they so wish, IMO member states can always return to the question of ship indexing once a CO2 monitoring system has been established."

Concluding, he said: "It is unfortunate that the debate has been complicated by the parallel proposal from the European Commission, now being considered by the European Parliament, for a unilateral regional system of CO2 reporting. In order that the systems can be compatible, it will be helpful if EU member states could defer reaching agreement on any regional EU regulation until IMO has had time to make progress on a global system."

The MEPC, meeting on March 31 to April 4, aims to add to progress on developing guidelines to support the uniform implementation of the regulations on energy-efficiency for ships that entered into force on January 1, 2013, including consideration of amendments to update resolution MEPC.212(63) 2012 Guidelines on the method of calculation of the attained Energy Efficiency Design Index (EEDI) for new ships.

It also is to cover the timing of the review, under MAPROL Annex VI, regulation 14, on control of emissions of sulphur oxides from ships, on the availability of compliant fuel oil to meet the requirements set out in that regulation.

The MEPC meeting is to consider, with a view to adoption, draft amendments to MARPOL Annex VI, regulation 13, on Nitrogen Oxides (NOX), concerning the date for the implementation of "Tier III" standards within emission control areas (ECAs), taking into account a number of documents commenting on the draft amendments.

At its last session the MEPC agreed to amend the date for the implementation of "Tier III" standards to January 1, 2021, from the current effective date of January 1, 2016.

TAGS: Energy | marine | European Commission | energy | China | Norway | standards | regulation | Europe

To see today's news, click here.

 















Tax-News Reviews

Cyprus Review

A review and forecast of Cyprus's international business, legal and investment climate.

Visit Cyprus Review »

Malta Review

A review and forecast of Malta's international business, legal and investment climate.

Visit Malta Review »

Jersey Review

A review and forecast of Jersey's international business, legal and investment climate.

Visit Jersey Review »

Budget Review

A review of the latest budget news and government financial statements from around the world.

Visit Budget Review »



Stay Updated

Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.

By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.


To manage your mailing list preferences, please click here »