A potential change in policy direction by the European Commission regarding the International Maritime Organization’s (IMO) “green transition” for shipping was hinted on Thursday by European Commissioner for Transport and Tourism Apostolos Tzitzikostas.

Speaking at a sector event in Athens, Tzitzikostas said it was “time for a shift toward realism” in both the European Union and globally regarding the IMO Net-Zero Framework. He emphasized the need for unity within the EU before engaging international partners, stressing that a global agreement through the IMO is essential to ensure fair competition.

Apostolos Tzitzikostas attends a confirmation hearing before the European Parliament’s committees, in Brussels, Belgium, November 4, 2024. REUTERS/Johanna Geron

“Europe cannot achieve this alone,” he said, warning that unilateral action could undermine the competitiveness of European shipping and ports. He added that the Commission is ready to work with member states and international partners to reach a practical and realistic solution supported by the industry.

According to attendees, the remarks – delivered off-script – were interpreted as a signal that the Commission may be moving toward a more pro-industry stance on the issue of maritime decarbonization, aligning more closely with concerns raised by the European and Greek shipping sectors.

Tzitzikostas also highlighted the strategic importance of maritime transport, noting that recent conflict in the Strait of Hormuz has underscored the sector’s critical role in sustaining global trade and everyday economic activity.