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EU shipping must remain competitive, say flag states

For all the importance of curbing emissions and other environmental regulations, the European Union must be careful that its shipping industry remains competitive. That was the message of Malta, Greece and Cyprus after a tripartite ministerial meeting this week brought together the three top flag states in Europe

Competitiveness remains top of the agenda for EU trio. Europe must balance priorities of the environment and competitiveness if it is to preserve shipping industry, say Malta, Greece and Cyprus, representing 60% of EU-flagged tonnage

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