{"id":253164,"date":"2025-01-30T15:55:49","date_gmt":"2025-01-30T13:55:49","guid":{"rendered":"https:\/\/maritimes.gr\/?p=253164"},"modified":"2025-01-30T15:55:49","modified_gmt":"2025-01-30T13:55:49","slug":"competitiveness-compass-european-shipowners-welcome-focus-on-industry-competitiveness-and-open-trade","status":"publish","type":"post","link":"https:\/\/maritimes.gr\/en\/competitiveness-compass-european-shipowners-welcome-focus-on-industry-competitiveness-and-open-trade\/","title":{"rendered":"Competitiveness Compass: European Shipowners welcome focus on industry competitiveness and open trade"},"content":{"rendered":"<p>European Shipowners welcome the focus of European Commission\u2019s new Competitiveness Compass on\u00a0competitiveness and open trade\u00a0as a prerequisite to the continent\u2019s security, resilience and growth. Shipping is a cornerstone of Europe\u2019s energy, food and supply chain security, moving around 76% of EU\u2019s international trade, promoting international partnerships and reducing strategic dependencies.<\/p>\n<p>The new Competitiveness Compass makes an explicit reference to the\u00a0essential role of shipping to the European economy, which builds on the recommendations of the Draghi report on the need to keep\u00a0European shipping internationally competitive. It also calls for\u00a0additional measures to de-risk investments\u00a0needed to swiftly scale up the\u00a0production of renewable and low-carbon fuels\u00a0for shipping under a new Sustainable Transport Investment Plan (STIP).<\/p>\n<p>European Shipowners also support the Compass\u2019s focus on making processes faster and simpler for European businesses. ECSA welcomes the new\u00a0simplification\u00a0approach and the commitment of the Commission to\u00a0reduce reporting burden\u00a0by at least 25% for all companies and at least 35% for SMEs, which are the backbone of the European shipping industry.<\/p>\n<p>\u201c<em>The Competitiveness Compass highlights that Europe\u2019s security depends more than ever on our ability to innovate, compete and grow. It also lays out a pathway to a competitive industry by closing the innovation gap and by investing in clean tech and clean fuels. The shipping sector is an essential part of our economy\u2019s energy transition. We welcome today\u2019s explicit recognition of shipping as a key sector to Europe\u2019s growth and the commitment to scale up the production of clean fuels for shipping under the upcoming Sustainable Transport Investment Plan.<\/em>\u201d \u00a0said <strong>Sotiris Raptis, ECSA Secretary General<\/strong>.<\/p>\n<p>\u201c<em>Shipping is a cornerstone of our continent\u2019s security, moving around 76% of the EU\u2019s external trade and carrying the energy, food and goods that European citizens need for their daily life. We support today\u2019s reference to open trade as a key driver for EU\u2019s prosperity, resilience and growth<\/em>\u201d he added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>European Shipowners welcome the focus of European Commission\u2019s new Competitiveness Compass on\u00a0competitiveness and open trade\u00a0as  [&#8230;]<\/p>\n","protected":false},"author":23,"featured_media":208890,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[273,298],"tags":[307],"class_list":["post-253164","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-maritimes-news","category-seagoing-maritimes-news","tag-featured-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Competitiveness Compass: European Shipowners welcome focus on industry competitiveness and open trade - Maritimes<\/title>\n<meta name=\"description\" content=\"European Shipowners welcome the focus of European Commission\u2019s new Competitiveness Compass on\u00a0competitiveness and open trade\u00a0as a prerequi\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/maritimes.gr\/en\/competitiveness-compass-european-shipowners-welcome-focus-on-industry-competitiveness-and-open-trade\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Competitiveness Compass: European Shipowners welcome focus on industry competitiveness and open trade - 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