- As Europeans prepare to elect members of the European Parliament from June 6th to 9th, Danish Shipping highlights key areas of focus for the new Parliament.
- These priorities include the green transition of shipping, trade and industrial policy, and maritime security, all of which are critical for the future of the shipping industry.
The upcoming European Parliament election is a significant event for businesses, European citizens, and the shipping industry. With Europe playing a major role in global trade and commerce, the election’s outcome will impact the region’s approach to trade cooperation, open markets, and common rules.
Green Transition
The EU is urged to lead the green transition in shipping by working toward a climate-neutral industry by around 2050. To achieve this goal, there must be a focus on developing and ensuring the availability of alternative, green fuels for ships.
Additionally, the processing time for expanding renewable energy projects should be streamlined to avoid delays. Removing bureaucratic obstacles will facilitate the production of green energy necessary for society’s future.
“Shipping is well on its way to becoming green,” stated Anne H. Steffensen, CEO of Danish Shipping. She emphasized the importance of major investments across the entire value chain to complete the green transition in shipping, as well as the need for close cooperation between companies, authorities, and organizations.
Trade and Industrial Policy
As supply chains face increased pressures and the risks of protectionism rise, the EU must take an active approach to trade and industrial policy. This includes finding a balance between useful trade and necessary self-sufficiency, while fully implementing existing trade agreements and reducing competition-distorting state aid and other discriminatory measures.
To support shipping companies that operate globally, the European External Action Service should be strengthened. Enhanced advisory and scenario planning services will help European companies navigate the complexities of the changing world.
Security and Transport
The EU needs to take a more assertive stance on maritime security, particularly in regions where shipping is at risk. Threats such as the Houthis’ attacks on civilian shipping in the Red Sea and piracy in the Gulf of Guinea necessitate a coordinated international effort to defend seafarers, ships, and supply chains.
Anne H. Steffensen pointed out the need for the EU to tackle organized crime, including drug smuggling through European ports, and to strengthen efforts in these areas.
Additionally, the EU can play a key role in promoting better coordination between different modes of transport. Short-sea shipping is an essential component of the green transition in the transport sector and should be a focal point for the future of European transport.
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Source: Danish Shipping
