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Decarbonisation Sustainability Fuels

European shipping risks a decline without investment in clean fuels

  • Europe needs to urgently invest in fuel production and uptake in EU shipping for the energy transition, but also for energy security in Europe
  • The European fleet represents 34.5% of the global fleet, but it is declining in absolute terms as China’s fleet is growing faster
  • ECSA urges the EU to reinvest more of shipping’s €9bn annual ETS contribution into clean‑fuel production to protect competitiveness and energy security

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Europe is leading sustainably fuelled ship orders, but almost three quarters of sustainable fuel production is coming from Asia — without a shift in that imbalance EU shipping risks being diminished

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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