An EU push to accelerate the uptake of clean fuels has been broadly welcomed by the maritime sector. Despite the positive mood music, industry leaders note that the Commission’s €2.9 billion Sustainable Transport Investment Plan (STIP) could prove limited to meet the scale of the transition.
In early November, the European Commission presented STIP as a strategic framework for the energy transition in all modes of transport, with a focus on aviation and waterborne transport.
Speaking at the European Parliament on 27 November, Commissioner Maria Luís Albuquerque highlighted the importance of renewable and low-carbon fuels for the aviation and maritime sectors, as well as for EU strategic autonomy. “We need to boost the development and production in Europe,” she acknowledged, adding that China and the US are advancing fast.
European shipowners welcome the plan as a good first…
