Europe’s regulatory framework must not undermine its shipping industry

Shipping is inherently a global industry. Safeguarding international competitiveness is key for a sector that is not confined in geographical boundaries.

Therefore, if the IMO adopts the IMO NZF, the EU should fully transpose it in the European regulatory framework. This is to avoid duplicating regulation of GHG emissions for maritime transport and eliminate pertinent regional measures such as the extension to shipping of the EU Emissions Trading System (ETS) and the FuelEU Maritime Regulation.

Regional regulatory measures threaten shipping’s sustainability and undermine global trade. Alignment with global measures is essential.