The proposal to create a USD 5 billion USD International Maritime Research and Development Board (IMRB) was submitted to the UN’s International Maritime Organisation (IMO) on the 10th of March 2021 by Georgia, Greece, Japan, Liberia, Malta, Nigeria, Palau, Singapore, and Switzerland. Denmark now joins as a co-sponsor, and we expect several other nations to voice their support for the proposal at the next meeting of the IMO Marine Environment Protection Committee in June.

Industry partners welcome “moon-shot” proposal from governments to set up a $5 billion USD fund to catalyze the vital research and development needed to help shipping meet UN decarbonisation goals.

The World Shipping Council (WSC) is excited to welcome to the team Mr John Bradshaw, in a global role as Technical Director for Environment and Safety, and Dr James Corbett as Environmental Director, Europe.

To support its growing scope of activities across the globe, the World Shipping Council (WSC) is as of March 1, 2021, adding two positions to its operations in Singapore, as well as welcoming a new colleague in the US.

Ocean carriers are taking all available measures to improve the speed and efficiency of cargo movement including employing all available vessel tonnage.