WSC Urges EU To Work With Industry On Shipping’s Net-Zero Journey

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The World Shipping Council (WSC), the united voice of liner shipping, has called on the European Union to design policy frameworks that facilitate the essential role of shipping in a globally connected economy and to forge the path to net-zero shipping by 2050 in partnership with industry.

Courtesy of IMO on Flickr

Liner shipping is leading the maritime sector’s effort to decarbonize, with nearly 60% of new vessels to be delivered before 2030 designed to run on the greenest marine fuels.

Important role

The EU has an important role to play in the development of effective and efficient global climate regulations at the International Maritime Organization (IMO) by 2025, according to WSC.

As explained, the EU should foster public-private partnerships to leverage the combined expertise to bolster maritime supply chains for a safer, more resilient future.

Outlining its recommendations for the 2024-2029 legislative term, the WSC urges the EU to:

  • Work to secure effective global greenhouse gas (GHG) reduction regulations and implement the Green Deal to ensure that the production of renewable marine fuels grows to match demand, to meet the target of decarbonizing shipping by 2050;
  • Intensify efforts to secure maritime supply chains against illicit trafficking and geopolitical risks, while working together with industry to enhance the safety of seafarers and the resilience of trade routes;
  • Minimize customs and administrative barriers to ensure streamlined, efficient trade that will enhance Europe’s competitiveness.

In related news, the World Shipping Council Board has appointed Joe Kramek as its new President & CEO, to succeed John Butler upon his retirement at the end of July.

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Source : Offshore energy