ICS Annual Review 2016

Author(s) ICS
Publisher International Chamber of Shipping
Date 2016
Pages 68
Format pdf
Size 9 Mb







The Annual Review for the year 2016 submitted by the specialists of the ICS organization. The publication opens with a word from the Chairman... The man difference between a pessimist and an optimist is actually that the latter generally has much better time. And this is the main reason why the owners of the vessels shall always stay optimistic.

The present Review is exploring many issues of concern and interest to the merchant ship owners of today, as represented by this organization and its members. There are two trends ongoing in the maritime shipping industry, the first trend is that preparation for compliance with the newly implemented regulation presents one of the major challenges.

In turn, the second trend is that the IMO authority is continuing to get challenged by the unilateral rules, particularly rules that emanate from the US and EU. Many uncertainties are associated with the IMO BWM Convention. This document will be of interest for the people who shall be kept in the loop with everything going on in the industry, key issues and rules, environmental protection etc. Go through the content and familiarize yourself with the major trends and happenings. Continues in the Annual Review 2017.

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