Media Release – 16 October 2023
INTERCARGO highlights new membership high in Annual Review
As the International Association of Dry Cargo Shipowners (INTERCARGO) publishes its Annual Review taking in the highs and lows of the past 12 months, it is celebrating its membership reaching the highest point in its 43-year history.
The Association now represents about a third of the global dry bulk fleet in deadweight terms, after reaching a new historic high at the end of August this year.
Highlighting the historic milestone in the newly published Annual Review, which covers the reporting period from September 2022 to August 2023, INTERCARGO Secretary General Dr Kostas Gkonis explained that the Association now boasts 250 members from across 30 countries. These are made up of full members, comprising nearly 160 companies and registering 3,300 bulk carriers, together with associate member companies.
INTERCARGO provides a forum where dry bulk shipowners, managers and operators are kept informed about and can discuss topics such as safety and quality in ship operations, with a focus on operational efficiency and the protection of the marine environment, while the Association also represents its members’ views at the International Maritime Organization as well other industry fora.
“INTERCARGO will continue to act in the interest of all its members by addressing the key issues faced by the dry bulk sector,” said Gkonis.
INTERCARGO will be next holding its regular deliberations during its Annual General Meeting and semi-annual Committees’ meetings in Athens next week (October 23-24).
To access the Annual Review click here: https://www.intercargo.org/annual-review-2022-2023/
About INTERCARGO: International shipping is vital for the global economy and prosperity as it transports approximately 90% of world trade. The dry bulk sector is the largest shipping sector in terms of number of ships and deadweight. Dry bulk carriers account for 43% of the world fleet (in tonnage) and carry an estimated 55% of the global transport work.
Please view our Dry Bulk Shipping video: Sustainably serving the world’s essential needs3.
The International Association of Dry Cargo Shipowners (INTERCARGO) unites and promotes quality dry bulk shipping, bringing together 250 forward thinking companies from 30 countries. INTERCARGO convened for the first time in 1980 in London and has been participating with consultative status at the International Maritime Organization (IMO) since 1993. INTERCARGO provides the forum where dry bulk shipowners, managers and operators are informed about, discuss, and share concerns on key topics and regulatory challenges, especially in relation to safety, the environment, and operational excellence. The Association takes forward its members’ positions to IMO, as well as to other shipping and international industry fora, having free and fair competition as a principle.
