2026-06-15T18:34:54-04:00 2025-07-31 WITHUMSMITHBROWNPC 1800 TYSONS BOULEVARD SUITE 800 TYSONS VA 22102 990 2024-08-01 522265096 World Shipping Council % PATTY A VOLONAKIS WORL 2025891236 80 M Street SE Suite 460 Washington DC 20003 JOSEPH KRAMEK PRESIDENT/CEO 2025891236 2026-06-15 true true Thomas Parisi P00013287 3012726000 2026-06-15 2024 2025-03-06 01:10:19Z JOSEPH KRAMEK 80 M STREET SE 460 Washington DC 20003 9356195 false X WWW.WORLDSHIPPING.ORG X 2000 DC OUR MISSION IS TO PROVIDE A COORDINATED VOICE FOR THE LINER SHIPPING INDUSTRY IN ITS WORK WITH POLICYMAKERS & OTHER INDUSTRY GROUPS WITH AN INTEREST IN INTERNATIONAL TRANSPORTATION 20 20 10 20 0 0 0 0 8752318 9321318 166142 136481 0 -101604 8918460 9356195 0 0 0 0 4788185 5320787 0 0 0 3624666 4935899 8412851 10256686 505609 -900491 12664710 12146122 9543307 9925210 3121403 2220912 X OUR MISSION IS TO PROVIDE A COORDINATED VOICE FOR THE LINER SHIPPING INDUSTRY IN ITS WORK WITH POLICYMAKERS AND OTHER INDUSTRY GROUPS WITH AN INTEREST IN INTERNATIONAL TRANSPORTATION. false false MARITIME SAFETY AND SECURITY ISSUES - SEE SCHEDULE O ENVIRONMENTAL ISSUES - SEE SCHEDULE O LINER SHIPPING REGULATION AND GEOPOLITICAL DISRUPTIONS & SUPPLY CHAIN IMPACTS - SEE SCHEDULE O false false false true false false false false false false false false true true true true false false true true false false false false false false false false true false false false false false false false false false false false false false false true 9 0 true 10 true false false false false false false false false X 20 20 false false false false true true false true false false false false false true true false false false X PATTY A VOLONAKIS 2025891236 80 M STREET SE SUITE 460 WASHINGTON DC 20003 X JOHN BUTLER Former President and CEO 40.0 0.0 X 538294 0 58437 BRYAN WOOD-THOMAS VICE PRESIDENT, ENVIRON POLICY 40.0 0.0 X 409183 0 88575 JOSEPH KRAMEK PRESIDENT AND CEO 40.0 0.0 X 388750 0 61396 LARS KJAER SENIOR VICE PRESIDENT 40.0 0.0 X 358258 0 80652 JAMES CORBETT ENVIRONMENTAL DIRECTOR, EUROPE 40.0 0.0 X 316138 0 55678 ANNA LARSSON COMMUNICATIONS DIR., GM EUROPE 40.0 0.0 X 340000 0 0 KENNETH CHIA DIRECTOR ASIA 40.0 0.0 X 317354 0 0 NICHOLAS MCDERMOTT-TABORI DIRECTOR, US REGULATORY 40.0 0.0 X 266479 0 38786 TAMEKIA FLACK DIRECTOR, US GOVT RELATIONS 40.0 0.0 X 281000 0 11376 JOHN WALSH COO 40.0 0.0 X 124855 0 0 ROLF HABBEN JANSEN CO-CHAIRMAN 1.0 0.0 X X 0 0 0 JEREMY NIXON CO-CHAIRMAN 1.0 0.0 X X 0 0 0 RANDY CHEN DIRECTOR 1.0 0.0 X 0 0 0 MATTHEW JOHN COX DIRECTOR 1.0 0.0 X 0 0 0 THOMAS CROWLEY DIRECTOR 1.0 0.0 X 0 0 0 ELIYAHU ZEEV GLICKMAN DIRECTOR 1.0 0.0 X 0 0 0 LARS KASTRUP DIRECTOR 1.0 0.0 X 0 0 0 WON HYOK CHOI DIRECTOR 1.0 0.0 X 0 0 0 JONATHON MARK KIRKLAND DIRECTOR 1.0 0.0 X 0 0 0 LASSE KRISTOFFERSEN DIRECTOR 1.0 0.0 X 0 0 0 OLIVER NIVOIX DIRECTOR 1.0 0.0 X 0 0 0 JOHAN SIGSGAARD DIRECTOR 1.0 0.0 X 0 0 0 JEREMY SUTTON DIRECTOR 1.0 0.0 X 0 0 0 SOREN TOFT DIRECTOR 1.0 0.0 X 0 0 0 FENG-MING TSAI DIRECTOR 1.0 0.0 X 0 0 0 KUANG-HUI WU DIRECTOR 1.0 0.0 X 0 0 0 JIANPING YE DIRECTOR 1.0 0.0 X 0 0 0 SHMUEL YOSKOVITZ DIRECTOR 1.0 0.0 X 0 0 0 TWINCHOK TANTHUWANIT DIRECTOR 1.0 0.0 X 0 0 0 TILL OLE BARRELET DIRECTOR 1.0 0.0 X 0 0 0 3340311 0 394900 10 true true false CROZEN OCONNER 1650 MARKET STREET SUITE 2800 PHILADELPHIA PA 19103 Legal Services 719263 MCDERMOTT WILL EMERY LLP 444 W Lake Street Suite 4000 CHICAGO IL 606060029 legal services 180768 MAYER BROWN LLP 311 WEST MONROE ST CHICAGO IL 60606 Legal Services 167090 3 0 MEMBERSHIP DUES 900099 9321318 9321318 9321318 136481 136481 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 FOREIGN CURRENCY TRANSLATION LOSS 900099 -101604 -101604 -101604 9356195 9321318 34877 0 0 0 0 1601421 0 3211072 209902 163067 135325 0 2302862 68946 0 0 0 593715 0 410139 155226 0 416955 886967 0 0 0 0 0 0 REGULATORY FEES 101089 10256686 609125 578829 10507187 9969379 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1548398 1597914 12664710 12146122 75554 295094 0 0 7731318 7850710 0 0 0 0 0 0 0 0 0 0 1736435 1779406 9543307 9925210 X 3121403 2220912 0 0 3121403 2220912 12664710 12146122 -900491 X false true X true false false false true 9321318 47609 -182257 -134648 0 -134648 RIGHT OF USE ASSET 1555423 DEPOSITS 42491 1597914 0 LEASE LIABILITY 1779406 1779406 X 9356195 9356195 9356195 10256686 10256686 10256686 PART X, LINE 2 - FIN 48 FOOTNOTE: The Council is exempt from income taxes under Section 501(c)(6) of the Internal Revenue Code (the "Code") except for income tax on unrelated business income as defined in the Code. The Council did not have any unrelated business income during the years ended July 31, 2025 and 2024. Accordingly, no income tax expense has been included in the accompanying financial statements. Management has evaluated the tax positions taken by the Council and concluded that as of July 31, 2025, and 2024, there are no uncertain positions taken that would require disclosure of a liability in the financial statements. The Council is subject to routine audits by taxing jurisdictions; however, there are currently no audits in progress for any tax periods and there have been no tax related interest or penalties for the periods presented in these financial statements. Europe (Including Iceland and Greenland) 1 6 Program Services SEE SUPPLEMENTAL INFO 1719646 South Asia 1 4 Program Services SEE SUPPLEMENTAL INFO 2046978 2 10 2 10 3766624 3766624 false false false false false false PART I, LINE 3 COLUMN (E) - SUPPORT BY FOREIGN OFFICES: The European office works on customs and security policies and regulations affecting ocean shipping which are developed by the European Commissions and the European Union's Member States. The Singapore office monitors and provides perspectives with respect to economic and environmental regulatory proposals to regulators and supply chain stakeholders in the Asian region. X X false false false JOSEPH KRAMEK PRESIDENT AND CEO 363750 0 25000 0 0 0 56060 0 5336 0 450146 0 0 0 JOHN BUTLER Former President and CEO 413294 0 125000 0 0 0 40250 0 18187 0 596731 0 0 0 LARS KJAER SENIOR VICE PRESIDENT 322258 0 36000 0 0 0 52912 0 27740 0 438910 0 0 0 BRYAN WOOD-THOMAS VICE PRESIDENT, ENVIRON POLICY 373183 0 36000 0 0 0 55022 0 33553 0 497758 0 0 0 KENNETH CHIA DIRECTOR ASIA 317354 0 0 0 0 0 0 0 0 0 317354 0 0 0 JAMES CORBETT ENVIRONMENTAL DIRECTOR, EUROPE 316138 0 0 0 0 0 55678 0 0 0 371816 0 0 0 TAMEKIA FLACK DIRECTOR, US GOVT RELATIONS 263000 0 18000 0 0 0 8800 0 2576 0 292376 0 0 0 NICHOLAS MCDERMOTT-TABORI DIRECTOR, US REGULATORY 248479 0 18000 0 0 0 38786 0 0 0 305265 0 0 0 ANNA LARSSON COMMUNICATIONS DIR., GM EUROPE 340000 0 0 0 0 0 0 0 0 0 340000 0 0 0 PART III, LINE 4A - PROGRAM SERVICE ACCOMPLISHMENTS: Maritime Safety and Security Issues =================================== The World Shipping Council (WSC) addressed various maritime safety and security policies and concerns for the international liner shipping industry and provided analysis and advice to the U.S. and EU governments and the International Maritime Organization (IMO) on various security policy issues and programs. The following are some of the specific issues in which the Council is involved: A. Safe Transport of Containers ------------------------------------------- WSC continues to participate through the International Maritime Organization (IMO), the International Organization for Standardization (ISO), and industry groups to promote regulations and guidance that support the safe international transportation of cargo in shipping containers. These efforts include a proposal at the IMO for mandatory reporting of lost containers, updating IMO regulations on the transportation of dangerous goods, and participation in a broad-based research effort to study causes for the loss of shipping containers from ships and solutions to reduce/eliminate such losses. B. Maritime Container Plant Pest Prevention --------------------------------------------- In response to concerns about the spread of certain plant pests in or on international shipping containers, WSC has worked through the administrative body of the International Plant Protection Convention, through WSC's members, with other industry groups, and with the U.S., Australian, and Canadian governments to develop and disseminate best practices and regulatory options for avoiding, detecting, and responding to pest contamination. C. European Commission Container Security Regulation and Union Customs Code Implementation -------------------------------------------------------------------------- WSC continued to work with the European Commission on the revision of the European Union's advance cargo information filing, including detailed technical discussions regarding the form, content, and filing methods for entry and exit summary declarations as the deadlines for implementation of revised EU regulations grow closer. WSC is working with the Commission, European governments, and other industry groups to encourage the development of efficient and effective systems for processing trade data that is required to be submitted to governments and to educate regulated parties about upcoming regulatory changes. D. Safe Transportation of Dangerous Goods ------------------------------------------------------------------------ WSC continued to participate in discussions at the International Maritime Organization regarding the safe transportation of dangerous goods, including technical standards for stabilization of chemicals during transport and reporting of inspection results by national governments. PART III, LINE 4B - PROGRAM SERVICE ACCOMPLISHMENTS: ENVIRONMENTAL ISSUES ==================== A. Vessel Air Emissions ------------------------------ WSC worked on the following government initiatives dealing with vessel air emissions: 1) Participation in European Commission work groups preparing new proposed regulations governing carbon emissions from ships; policy discussions with the European Parliament and Council regarding greenhouse gas (GHG) reduction strategies. 2) Participation at the International Maritime Organization in formulating implementation guidelines for vessel fuel efficiency measures. 3) Consultation with multiple IMO member countries regarding potential proposals for medium and long-term measures to reduce greenhouse gases from shipping. 4) Submission of multiple papers to the IMO's Marine Environment Protection Committee and Intersessional Work Group on GHGs in order to contribute ideas for amendments to the IMO's GHG reduction strategy and potential regulatory measures. PART III, LINES 4C - PROGRAM SERVICE ACCOMPLISHMENTS LINER SHIPPING REGULATION AND GEOPOLITICAL DISRUPTIONS & SUPPLY CHAIN IMPACTS ==================================================================== THE WORLD SHIPPING COUNCIL WORKED ON AND ADDRESSED VARIOUS REGULATORY ISSUES AND POLICIES IMPACTING THE INTERNATIONAL LINER SHIPPING INDUSTRY. WHILE WSC WORK FOCUSED ON GLOBAL POLICY, IT ALSO ENGAGED ON REGIONAL ISSUES THAT HAVE SPECIFIC REQUIREMENTS OR IMPACTS, RECOGNIZING THAT LOCAL REGULATIONS SHAPE THE GLOBAL LINER SHIPPING INDUSTRY. WSC COLLABORATED WITH EUROPEAN UNION INSTITUTIONS TO ENSURE POLICIES SUPPORT BOTH SUSTAINABLE GOALS AND COMPETITIVENESS IN THE GLOBAL SHIPPING INDUSTRY. WSC ALSO SUPPORTED THE UNITED STATES BROADER STRATEGY TO REBUILD THE US MARITIME SECTOR, INCLUDNIG SUPPORT FOR SHIPBUILDING, WORKFORCE DEVELOPMENT, AND PUBLIC-PRIVATE INVESTMENT. THROUGHOUT ASIA, WSC ENGAGED VARIOUS REGULATORS AND SUPPLY CHAIN STAKEHOLDERS IN MULTIPLE COUNTRIES AND MONITORED AND PROVIDED PERSPECTIVE WITH RESPECT TO ECONOMIC, SAFETY, AND ENVIRONMENTAL REGULATORY PROPOSALS IN THE REGION. WSC ALSO RESPONDED TO VARIOUS GEOPOLITCAL EVENTS IMPACTING THE GLOBAL SUPPLY CHAIN AND DISRUPTING THE INTERNATIONAL LINER SHIPPING INDUSTRY AROUND THE WORLD. WSC WORKED WITH GOVERNMENTS AND OTHER STAKEHOLDERS TO PROVIDE INFORMATION AND INSIGHT ON THE OPERATIONAL AND ECONOMIC IMPACTS FROM GEOPOLITICAL SUPPLY CHAIN DISRUPTIONS. PART III, LINES 4D - OTHER PROGRAM SERVICE ACCOMPLISHMENTS: Navigational Safety =================== WSC has provided public comments to the Bureau of Ocean Energy Management and the U.S. Coast Guard on ways to minimize navigational conflicts associated with the siting of offshore commercial wind farms. WSC continues to engage with the IMO to seek ways to move shipping lanes off the coast of Sri Lanka in order to reduce ship/whale conflicts. WSC also consulted with NOAA on improved measures to minimize the possibility of ship strikes on whales. OECD International Minimum Tax Proposal ========================================== WSC has engaged with the Organization for Economic Co-operation and Development as well as national governments regarding the OECD proposal for an international agreement on minimum taxation levels in order to educate policymakers on the implications of various choices in creating such an international agreement. Activities of the WSC Singapore Office ======================================= WSC's branch office in Singapore continues to introduce the liner shipping industry to regulators and supply chain stakeholders in multiple Asian countries and has monitored and provided perspective with respect to economic, safety, and environmental regulatory proposals in the region. Public Relations/Education ============================== WSC undertakes various initiatives to better explain the international liner shipping industry and applicable regulations to the public and interested government officials. This may take place through Congressional testimony, filings with regulatory agencies, public speeches and conference appearances, social media, and conversations with journalists. Another way WSC does this is through its website, which can be found at www.worldshipping.org and which provides further details on the work of the Council. PART VI, SECTION A, LINE 6 - MEMBERS: MEMBERSHIP IN THE ORGANIZATION IS ONLY OPEN TO OCEAN COMMON CARRIERS. PART VI, SECTION A, LINE 7A - ELECTION OF BOARD OF DIRECTORS: THE MEMBERS OF THE ORGANIZATION ELECT THE BOARD OF DIRECTORS. DIRECTORS SERVE TWO YEAR TERMS. PART VI, SECTION A, LINE 8B - OTHER COMMITTEES WITH AUTHORITY: WORLD SHIPPING COUNCIL HAS NO OTHER COMMITTEES OUTSIDE OF THE BOARD OF DIRECTORS. PART VI, SECTION B, LINE 11B - REVIEW PROCESS OF FORM 990: THE PRESIDENT/CEO AND OFFICE MANAGER REVIEW THE FORM 990 BEFORE IT IS FILED. PART VI, SECTION C, LINE 19 - AVAILABILITY OF GOVERNING DOCUMENTS & F/S: THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.