Europe’s ETS revision is an opportunity to strengthen maritime competitiveness

The European Commission's proposed revision of the EU Emissions Trading System (ETS) is supported by the Cruise Lines International Association (CLIA), which emphasizes that carbon pricing should enhance maritime competitiveness and infrastructure. The proposal aims to reinvest maritime ETS revenues into ports, alternative fuels, and bunkering to accelerate decarbonization while maintaining Europe's global maritime leadership. The cruise industry contributes €64.1 billion annually to Europe's economy and supports 445,000 jobs, with 98% of global cruise ships built in European shipyards.