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Home News Maersk leaves ICS for WSC over green values

Maersk leaves ICS for WSC over green values

Maersk left the International Chamber of Shipping (ICS) and joined the World Shipping Council (WSC) as the Danish shipping group decided that the ICS’ green values are not congruent with its own.

In a statement on its website, Maersk noted that trade associations shape, inform and share technical standards and public policy. They also provide a forum, within a clear competition law framework, for members to debate and prepare sector-specific positions.

Maersk, which wants to achieve zero greenhouse gas emissions in 2040, a decade earlier than the global goal of 2050, said, “As a sector leader, we believe that active participation in trade associations is both an obligation and an opportunity to raise the bar when necessary. We always aim to do so with our core values in mind – not least humbleness and uprightness. Multi-vocal by definition, trade associations are always an expression of compromise between their members. As such, Maersk will not always be 100% aligned with their positions, and retains, like any other member, its ability to choose a different path.”

Maersk’s decision came after International Maritime Organization member states rejected ICS’ proposal in June to start a US$5 billion decarbonisation research and development fund. The states had reservations about equitable use of the fund and access to technologies. ICS then developed a strategy to form clean energy marine hubs and work with shipping companies, ports and energy groups in their decarbonisation efforts.

Maersk opined that trade associations should support open debates, data and technical knowledge, as these are crucial to building trusted relationships among members and also with decision makers.

Maersk said, “We review our membership status once a year to ensure that the trade associations in which we are members lobby in alignment with the goals of the Paris Agreement as well as other key issues. This includes assessing how their approach and outreach reflect our views and values. One outcome of the 2022 process is our decision to support the strengthening of the WSC and dedicate internal resources hereto. Our choice to step down from the ICS Board should also be seen in this context.”


Martina Li
Asia Correspondent





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