The Maritime Revolution: Unlocking the Potential of Europe’s Blue Economy

The Growth of Maritime Transport in the EU The EU Blue Economy Report’s sixth edition highlights the rising importance of maritime transport within the European Union. Accounting for 74% of the goods traded to and from the EU in 2021; it demonstrates that maritime transport is the most carbon-efficient mode of transport, producing lower greenhouse […]

The Growth of Maritime Transport in the EU

The EU Blue Economy Report’s sixth edition highlights the rising importance of maritime transport within the European Union. Accounting for 74% of the goods traded to and from the EU in 2021; it demonstrates that maritime transport is the most carbon-efficient mode of transport, producing lower greenhouse gas emissions per distance and weight carried.

However, despite its efficiency, the maritime transport sector still faces challenges in reducing its environmental impact. With a share of 13% of the overall EU GHG emissions from the transport sector, there is a pressing need for the industry to adopt sustainable practices.

Combating Underwater Noise Pollution

A lesser-known aspect of maritime transport is the underwater noise from shipping, which is increasingly recognized as a significant and pervasive pollutant. Through the marine strategy framework directive, Member States are responsible for implementing measures to reduce ship-generated noise and spatial restrictions for human activity, thus mitigating its effects on marine ecosystems.

The Role of Technology in Driving Growth

Technological advancements, such as artificial intelligence, digitalization, and automation, have the potential to drive the growth of the maritime transport sector. For example, Maritime Autonomous Surface Ships can increase safety and productivity and contribute to sustainability goals within the sector.

Ocean and Marine Renewable Energy: the key to the European Green Deal

The European Green Deal, EU Hydrogen Strategy, Offshore Renewable Energy Strategy, and REPowerEU Communication all recognize the importance of ocean and marine renewable energy. Hybrid approaches incorporating multiple renewable energy sources are being deployed at a small scale, aiming to lower the cost of energy technologies through sharing facilities and maximizing energy output.

Offshore renewable energies address the limitations of onshore renewable energies regarding space constraints. Moreover, producing hydrogen directly at sea can simplify large-scale transport and distribution from production sites at relatively low costs.

Sustainable Strategies and Regulations for the Maritime Sector

Environmental regulations and strategies, such as the Sustainable and Smart Mobility Strategy and the FuelEU Maritime proposal, push for more sustainable alternatives within the maritime sector. Proposals under the Fit for 55 Legislative Package, including the extension of the European Emission Trading System to include Maritime transport, aim to contribute to the net greenhouse emissions reduction target of at least 55% by 2030.

In conclusion, the sixth edition of the EU Blue Economy Report showcases the potential of Europe’s maritime transport sector. By embracing sustainable practices and harnessing the power of technology and renewable energy, the industry can play a critical role in achieving the goals of the European Green Deal and creating a greener future for all.

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