Members of the Federation of European Private Port Companies (FEPORT) expressed their concerns during a General Assembly meeting in Antwerp regarding the potential risks posed by the upcoming entry into force of the EU Emissions Trading System (ETS) for shipping in 2024. FEPORT emphasized the need for an immediate study to assess the impact on EU ports, highlighting the risk of cargo diversion and a potential loss of competitiveness. The organization urged the EU Commission to conduct a comprehensive study and continuously assess the real-time effects of ETS on shipping to avoid negative consequences for EU ports.

SOURCE: GOOGLE