To safeguard Europe’s supply chains and maintain competitiveness, it is crucial for the EU to support strategic industries, promote rule-based open trade, European Shipowners | ECSA explains in a new position paper.
Shipping is a cornerstone of Europe’s energy, food, and supply chain security and a key asset to the EU’s economic prosperity. However growing geopolitical uncertainty, economic tensions and security concerns are reshaping the global landscape.
In this ever-changing environment, shipping has remained resilient, flexible, and innovative, carrying 76% of the EU’s external trade. At a time when many countries are turning to protectionism and global trade flows…