Shipowners ask EU co-legislators not to preempt CO2 progress at global level

The European Community Shipowners’ Association (ECSA) has warned that European ship owners are concerned by the intention of the Italian Presidency of the European Council to move full steam ahead with EU Regulation for Monitoring, Reporting and Verification system of carbon dioxide emissions from maritime transport (EU MRV Regulation), which could potentially include commercial and operational information.
ECSA therefore urges EU decision-makers to re-focus on developments at international level, lest unilateral EU action lead to regional differentiation and ultimately obstruct progress in the IMO (International Maritime Organisation).
In 2013, the European Commission put forward the MRV proposal with the intention of paving the way for an international solution. The IMO has in parallel been making progress towards establishing a global monitoring system.
Currently, the work on the EU instrument is proceeding at a faster pace than the work of the IMO, and therein lays the risk. The EU instrument should be as simple and straightforward as possible, so as to be easily adaptable at a later stage to incorporate the outcome of the IMO process, ECSA says. Moreover, the simpler the EU tool remains, the more it will facilitate international negotiations instead of pre-empting them.