European shipowners welcome the agreement on the Basel III rules reached between the European Parliament and the Council on 28 June. The rules give explicit recognition to ship finance. The new rules will allow banks to apply preferential treatment to shipping...
European shipowners welcome the outcome of the provisional agreement on the EU Emissions Trading System (ETS) maritime. The EU Parliament and Council have embraced the calls of industry stakeholders to earmark EU ETS revenues back to the maritime sector to support its...
The European Community Shipowners’ Associations (ECSA) is pleased the European Council supports the mandatory pass-through of Emission Trading System (ETS) costs to the commercial operator, which upholds “the polluter-pays principle”. Yet, the organisation...
ECSA, EWABA, eFuel Alliance, the Advanced Biofuels Coalition and GoodFuels feel the European Commission’s proposed FuelEU Maritime regulation is crucial in promoting the uptake of clean fuels in shipping. Yet, the organisations also say that as it stands now,...
The European Community Shipowners’ Associations (ECSA) welcomes European Parliament support for key provisions under the revised Emission Trading System (ETS) for shipping. Under the new regulations, ETS costs will pass through to commercial operators and 75 per...
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