European Shipowners | ECSA’s Post

In today’s State of the Union address, the President of the European Commission, Ursula von der Leyen, underlined two key priorities for the #competitiveness of European shipping: simplification and open trade 🚢 #Open_Trade: “Trade allows us to strengthen our supply chains” Open trade underpins Europe’s competitiveness. We strongly support the swift conclusion of trade agreements and oppose protectionist measures. With 35% of the global fleet under EU ownership, European shipping is an international leader in global supply chains, enabling trade and connecting Europe with the rest of the world. #Simplification: “Cut bureaucratic costs for European companies” Reducing the reporting burden by at least 25% for all companies and at least 35% for SMEs, which are the backbone of the European shipping industry, is crucial. Sustainability reporting criteria must be fit for purpose for shipping, which also complies with international regulations. #What_do_we_need_more? #Level_playing_field: Adopt the IMO Net-Zero framework and ensure full harmonisation of the EU legislation with the IMO agreement as shipping requires one regulatory framework at international level. #Certainty: As the IMO Net-Zero framework is an opportunity for European energy producers to build a clean fuel supply chain in Europe, introducing a mandate on fuel suppliers to produce clean fuels and tech for shipping will help build a clean fuel supply chain in the EU. #SOTEU #EuropeanShipowners

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