Climate Change and Disaster Management: Phenomena of Growing Concern for Shippers for CSEC 2016

5/12/2016

Terminal Operators, Shipping Line representatives, freight forwarders, and other maritime industry interests will converge at Cocoa Beach, Florida to discuss a range of issues at the Caribbean Shipping Association’s Caribbean Shipping Executives’ Conference (CSEC) over its packed agenda spanning May 16 – 18, 2016.
Among the key areas of deliberation for this year’s event will be the integration, planning and response systems in maritime disaster management and the global outcry for cleaner, greener and safer practices along the waterways that carry 90% of global trade.
 
Maritime crises warranting the saving of lives and the salvaging of ships and cargo have been a major part of the shipping industry since people first began moving goods by water. Today, an entire subsector of insurance underwriters, rescue and marine salvage companies exist and, profitably so, to respond to maritime incidents of increased frequency and complexity. Increased spending on indemnity against these disasters is framing new discussions geared toward preventing maritime accidents with the thinking that a regime of prevention is better than cure.
 
The 2:00pm session on day-two of CSA-CSEC 2016 will be dedicated to exploring best practices in averting and managing crises in shipping with an emphasis on new and developing strategies employed with proven results by leading experts in their field.
The session, led by Rick Murrell, Chairman of Tropical Shipping and Charles A. Serrano, Director of the Antilles Strategy Group, will also treat with the important issue of climate adaptation.
 
The third maritime study on greenhouse gas emissions, conducted by the International Maritime Organization (IMO), estimates that for the period 2007 – 2012, shipping accounted for, on average, 2.7% of annual global CO2. The study, which was completed in 2014, also predicts a 50 – 250% increase in this statistic by 2050, depending on future energy developments. A projection which stands in stark contrast to the United Nations’ Paris Climate Conference (COP21) agreement, reached in December 2015, under which some countries are looking to reduce their carbon emissions by as much as 40%.
 
While the Paris Agreement does not speak specifically to the shipping industry’s contribution to the worrisome issue of climate change, the IMO, seized of its critical importance, has already taken steps to regulate emissions from 95% of the world’s shipping tonnage. With changes to their International Convention for the Prevention of Pollution from Ships (MARPOL Annex VI), players in the maritime sector have been called upon to do more – as individual ships will have to take steps to reduce emissions by 30% by 2030. 
 
The global economy runs on ships but for states in the Caribbean and Latin America who are most vulnerable to rising sea levels and severe storms – the pursuit of industrial growth and the rising contribution of the shipping industry to climate change is a delicate topic worthy of discourse.
Join us as our experts and regional leaders in shipping examine the way forward in these and other important areas.
For more details on CSA-CSEC 2016, click here to visit or event portal.  
 
MEDIA CONTACT
Janice Budd
Operations Manager- Communications & Member Services
The Shipping Association of Jamaica
4 Fourth Ave; Port Bustamante; P.O. Box 1050; Kingston 13; Jamaica W.I.
Direct Line: (876) 675 - 4920; Mobile: (876) 550-7025; Fax: (876) 923 - 3421
E-mail: janiceb@jamports.com; website: www.jamports.com