ICS – Maritime Barometer Report 2022-2023

The International Chamber of Shipping (ICS) has released its inaugural Maritime Barometer Report for 2022-2023, highlighting the risk to decarbonization targets due to uncertainty over fuel availability and infrastructure. The report is the first comprehensive annual survey of risk and confidence among maritime leaders, with input from over 130 C-suite decision-makers, including shipowners and managers. The survey reveals a growing understanding within the industry of the complex implications of the energy transition. While greenhouse gas reduction regulations remain a major concern, attitudes towards alternative energy sources such as wind and nuclear power are evolving. The report also emphasizes the importance of government decision-making in shaping the future of the shipping industry. Choices regarding supply chain resilience and greenhouse gas reduction measures will have significant consequences for the industry in the coming decade. The chairman of ICS, Emanuele Grimaldi, states that clear direction from regulators and political leaders is needed and that delays in decision-making will have far-reaching effects. He emphasizes the importance of active participation in national and international discussions to ensure a better future for the shipping industry and the world as a whole.