Nicosia, Cyprus. The Cyprus Shipping Chamber has backed international efforts to develop a common approach to shipping decarbonisation ahead of the International Maritime Organisation’s MEPC 84 session. It warned that a fragmented regulatory landscape would raise costs and deepen uncertainty for the industry.
Support for joint international position
In a statement, the chamber welcomed a joint position put forward by seven international maritime organisations. It described the upcoming session as a key opportunity for IMO member states to narrow differences and intensify dialogue on measures to cut emissions without undermining the resilience of global trade.
Need for coordinated regulation and investment certainty
The chamber said a coordinated approach under the IMO remained essential for the stability and clarity the industry needs. It added that such alignment would provide companies with the regulatory certainty required to invest in sustainable alternative marine fuels.
Practical measures and a level playing field
It said any new measures must be practical and effective if the sector is to meet greenhouse gas reduction goals, while safeguarding a just transition and preserving a level playing field across the industry.
Warning over a patchwork of regional rules
CSC cautioned that without a globally harmonised framework, shipping risks exposure to a patchwork of regional or unilateral measures. It said such a scenario could drive up costs, weaken competitiveness and add to regulatory uncertainty.
Call for data-based decisions
The chamber urged IMO member states to assess proposals before MEPC 84 carefully so that decisions are grounded in real data. It called for equal treatment of all fuels and technologies, while taking into account issues such as availability and safety.
Commitment to continued engagement
The chamber reaffirmed its support for a sustainable, competitive and internationally aligned shipping sector. It said it would continue to engage actively with all stakeholders through dialogue and participation.
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