CSC welcomes Council call for a competitive maritime sector

13:54 - 28 May 2024

Current Affairs

The Cyprus Shipping Chamber (CSC) has welcomed the call by EU Member States on the need for a European maritime industrial strategy that supports the competitiveness of the maritime sector, adopted via a relevant Council conclusion last week.

“The Chamber believes that the green and digital transition of shipping is a great opportunity for Europe to scale up its industrial capacity and enhance the international competitiveness of the industry, a cornerstone of Europe’s energy, food and supply chain security,” it said in a press release.

The Net-Zero Industry Act has already recognised clean shipping fuels as Net-Zero technologies, establishing a 40% benchmark for their production within the EU.

“The Chamber, in tandem with other European shipowners looks forward to working with EU policymakers to ensure that the Shipping sector and the maritime cluster enhance their competitiveness on the international stage and continue to deliver for the security of Europe,” the CSC concluded.

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