The WSC acknowledges the important milestone that has been reached following the adoption of the European Parliament’s position on the EU ETS proposal. WSC calls on the EU institutions to work together in the trilogue process to ensure that EU ETS provides the correct market signals for decarbonising the shipping industry in support of the EU Green Deal GHG goals.

WSC members in the liner industry are among the first movers leading the decarbonisation transition globally and within the European region. We need good policy in the Fit-for-55 package and especially an effective inclusion of shipping within the EU ETS framework that delivers the right GHG price signals to the parties that can change and shift the sector to the green vessel technology needed for deep decarbonisation.

The European Parliament’s ENVI Committee today adopted its report on the proposal on the revision of the EU ETS. The World Shipping Council (WSC) welcomes this crucial step towards the achievement of the goals of the EU Green Deal but stresses that improvements to the ETS proposal are still needed.

Regulation to include shipping in the EU ETS is under development as part of the EU Green Deal, a great opportunity for the EU to contribute to the transition to zero carbon for international shipping. The European Commission proposal is now under review by the European Parliament, with the EP ENVI Committee holding the lead rapporteur role and EP TRAN Committee providing input guided by rapporteur Mr Novakov.

WSC welcomes the thorough work done by Mr Novakov in considering how the EU ETS can be most effective as well as practical to implement.

The European Parliament’s lead MEP on the EU ETS proposes amendments to the ETS for maritime that put the impact and efficiency of the EU Green Deal at risk, says World Shipping Council (WSC). WSC has two primary concerns: 1. The proposed changed definition of “responsible entity” would corrupt the ETS; 2. The bilateral agreements proposed would undermine progress towards global GHG policy.

Shippers and carriers met yesterday to talk about the causes and effects of recent supply chain disruption coinciding with the COVID 19 pandemic. The meeting brought together a broad representation of members from the European Shippers Council (ECS) and the World Shipping Council (WSC) and the Secretariat of the European Community Shipowners’ Associations (ECSA). This is the first of a planned series of meetings between shippers and carriers, in a joint effort to find solutions through dialogue and improve mutual understanding of the challenges each party faces. It is hoped these will also look beyond current supply chain disruptions to face a broader set of common future topics like decarbonisation and digitalisation.

Inclusion of shipping in the EU ETS will encourage shipping’s journey towards decarbonisation, but EU action threatens to undermine broader international progress if the ETS extends outside of the EU, says World Shipping Council (WSC).

“The EU can lead global climate action, but it can’t succeed alone. Advancing fuel-technology pathways in global shipping requires the shared commitment and cooperation of industry, governments and international regulators. Through the ETS, the EU has a unique opportunity to strengthen, motivate and complement global policy for reducing greenhouse gas emission in international shipping,” says John Butler, President & CEO.

As part of the EU Green Deal, the FuelEU Maritime Regulation intended to promote demand for lower greenhouse gas fuels can play an important role in shipping’s journey towards decarbonisation. In a position paper published today, the World Shipping Council (WSC), representing 90% of international liner shipping, welcomes the FuelEU proposal as an opportunity to drive progress towards EU targets and contribute to the decarbonisation of international shipping. However, the proposal’s actual impact will hinge on optimizing the geographical scope of FuelEU and making sure fuel availability keeps pace with fuel use requirements.