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European shipowners welcome the strong cross-party support by the European Parliament for key provisions under the revised Emission Trading System for shipping. ECSA welcomes the Parliament’s commitment to enforce the ‘polluter-pays’ principle, by ensuring the mandatory pass-through of the ETS costs to the commercial operators of the vessels through contractual clauses. ECSA also supports the ...

Presented by Eurobank Cyprus, the May edition of GOLD, turns the spotlight on the Cyprus Maritime Cluster and its role in the global shipping industry.

President Nicos Anastasiades said he could not be prouder of Cyprus shipping’s contribution to the economy in such a challenging year, with an everchanging pandemic landscape of rules and regulations. “It has never been clearer how much Shipping contributes to this country,” Anastasiades told the Cyprus Shipping Chamber’s 33rd Annual General Meeting. According to Anastasiades, ...

Shipping has a vital role to play in post pandemic recovery for the EU but must not be ignored in reforms to the bloc’s trade policy, said speakers at the latest Leadership Insights Live. Underscoring the importance of the EU to global maritime trade, Guy Platten, International Chamber of Shipping’s Secretary General, noted that EU ...

European Community Shipowners’ Associations (ECSA) president Philippos Philis said that the shipping industry cannot choose to ignore global decarbonisation efforts, despite the complex nature of the undertaking. Philis, who is also the immediate past president and current board member of the Cyprus Shipping Chamber (CSC), expressed confidence that the shipping industry can achieve its objective ...