Companies category powered by
Cyprus Shipping Chamber welcomes 40% production benchmark for clean shipping fuels
14:58 - 26 April 2024
The Cyprus Shipping Chamber has strongly welcomed the adoption of the Net-Zero Industry Act by the European Parliament.
An announcement from the Chamber notes that the Act includes clean fuels for shipping, including advanced bio-fuels and e-fuels, in the list of net-zero technologies and introduces a benchmark for the Commission and the EU Member States to match 40% of the deployment needs for clean fuels for shipping with production capacity.
"This is a vital step to ensure that clean fuels for shipping are made available in the market at an affordable price, as a prerequisite for shipping to meet its target under the Fuel EU Maritime Regulation," the Chamber's announcement says, adding, "The scaling up of production and uptake of clean fuels for shipping is a top priority for the shipping industry on the path to net zero GHG emissions by 2050."
News Feed
6 hours, 12 minutes ago Companies
AEGEAN named 'Best Regional Airline in Europe', at the Skytrax World Airline Awards 2025 for 14th consecutive year7 hours ago Companies
Wizz Air cancels flights to and from the UAE until 30 June8 hours, 41 minutes ago Economy
Christodoulides' stern message on the Tax Reform - "By 1 January, no exceptions"8 hours, 49 minutes ago Companies
Media gets a taste of the 10 dining venues to be featured at ARARAT – The Signature Collection9 hours, 30 minutes ago Companies
MUSKITA hosts annual blood donation in memory of founder George Mouskis10 hours, 18 minutes ago Companies
Grant Thornton employees in Cyprus to benefit from newly-introduced Employee Benefit Trust10 hours, 57 minutes ago Companies
Ayia Napa Marina hosts a night of glamour and emotion for the Karaiskakio Foundation