The cyprus shipping chamber has voiced support for a joint statement by seven international shipping organisations ahead of the international maritime organisation's mepc 84 meeting:he Cyprus Shipping Chamber has voiced support for a joint statement by seven international shipping organisations ahead of the International Maritime Organisation's MEPC 84 meeting, calling for common ground and practical solutions on shipping decarbonisation, while safeguarding the efficiency and resilience of global trade.
According to Cyprus News Agency, a unified approach under the IMO is needed to provide the regulatory certainty required by the global shipping industry and to send clear signals to energy producers and fuel suppliers to speed up investment in viable alternative marine fuels.
The Chamber also stressed the importance of practical and effective enforcement of any new measures, so that greenhouse gas reductions are achieved while ensuring a just and equitable transition and a level playing field across the global shipping industry. It warned that the absence of a globally harmonised framework could lead to fragmentation through regional or unilateral measures, resulting in higher costs, reduced competitiveness and regulatory uncertainty.
In this regard, the Chamber urged IMO member states, in an effort to reach consensus, to seriously consider alternative proposals submitted to MEPC 84 that are data-driven and fuel- and technology-neutral, while taking into account the availability and safety of alternative fuels. The Chamber said it remains committed to supporting a sustainable, competitive and internationally harmonised shipping sector through responsible and constructive dialogue for the benefit of all stakeholders.