Brussels, 9 December 2022 – In an open letter to decision-makers in Brussels, the World Shipping Council (WSC) together with Danish Shipping and the Methanol Institute urge decision-makers to reach an agreement on the FuelEU Maritime which will help reduce shipping GHG emissions.

The liner sector, including container and vehicle carriers, are leading decarbonisation investment in new fleets that are ready for alternative fuels that reduce GHGs. Future-ready fleets will be demanding more and more green fuels with lower GHG intensity to ensure that we meet decarbonisation targets.

Late 29 November 2022, the European Parliament, Council and Commission reached a preliminary agreement on maritime elements of the EU ETS. Including the maritime sector in the EU ETS will encourage shipping’s journey towards decarbonisation as well as accelerate emission reductions among non-maritime sectors. The provisional agreement on shipping is subject to an overall agreement on the ETS revision, later this year or next.

The total climate footprint from production to combustion should be considered in the EU ETS for maritime. The World Shipping Council joins with Danish Shipping and renewable energy producers, shipowners and other organisations in an open letter to EU’s decision makers.

To serve as many ports and customers as possible, as efficiently as possible, international ocean carriers often share space on vessels. Vessel sharing benefiting the EU is regulated through the Consortia Block Exemption Regulation (CBER), which expires in April 2024 and is now under review by the European Commission’s DG COMP. The World Shipping Council (WSC), the International Chamber of Shipping (ICS), and the Asian Shipowners’ Association (ASA) have submitted their input to the European Commission, calling for a renewal of the CBER and demonstrating how vessel sharing contributes to the EU policy goals of reducing transport emissions, increasing competitiveness and improving efficiency to reduce costs.