European Community Shipowners’ Associations is calling for an expanded allowance reserve to support shipping’s energy transition, according to Splash247.

The association’s study asks for at least 330 million allowances under the proposed Sustainable Maritime Alternative Propulsion mechanism, compared with the European Commission’s proposed 110 million.

This is an industry request within an ongoing legislative process. It is not an adopted increase or a funding award. ECSA also wants support to cover energy-efficiency investment.

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Source: Splash247 · original report