ETS shipping revenues should finance investments onboard ships and in ports

Press Release

Industry calls for earmarking of shipping ETS revenues in final negotiating round

Brussels, November 22nd, 2022

As negotiations on the inclusion of shipping in the EU ETS enter the final stretch, European shipowners, ports and port operators, the cruise and ferry sector, shipyards and equipment manufacturers, fuel suppliers, shippers and forwarders reiterate their call to regulators to earmark ETS revenues from shipping back to the maritime sector.

FEPORT joins its sister organizations in calling the European Parliament and Council to ensure that the maritime EU ETS revenues are used for sector-specific investments to facilitate the deployment and use of sustainable alternative fuels, including the electrification of vessels and onshore power infrastructure in ports.

This announcement follows the maritime industry’s joint statement of 29 September.

For more information, please contact:

Mr Maarten Boot, Policy Advisor

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Press release