To maintain and advance its competitive edge vis-à-vis its global competitors, European shipping needs access to competitive financing in Europe. Adequate access to financing is necessary not only for keeping shipping companies in Europe, but also for enabling the development of innovative and sustainable solutions for shipping, and therefore for enhancing the continent’s economic security.

Ship financing through the banking sector remains essential in Europe, especially for shipping SMEs which are the backbone of EU shipping.  The financial framework should be designed considering the distinctive features of the sector, including the diversity of its segments, and must enable banks to support the competitiveness of European shipping. European shipowners aim for a diverse toolbox of financing and funding solutions involving the banking sector, the capital markets, and the European and national funds.

Read our position papers on ship finance below.