European Commission Draft Measures Seek to Boost EU Shipbuilding Through Procurement Preferences
The European Commission plans to introduce draft measures to encourage more domestic production of vessels and maritime equipment within the member states.
The European Commission 
EUis set to propose a series of measures designed to ensure that more vessels and other goods and services for the shipping sector are manufactured within the bloc. According to a draft document seen by Reuters, these Made in EU proposals are scheduled for presentation next week as part of an effort to bolster the domestic shipbuilding and maritime industries. The draft outlines how the EUexecutive intends to use procurement preferences and potential financing support to strengthen the security and sustainability of its ports while enhancing overall competitiveness.
EUis set to propose a series of measures designed to ensure that more vessels and other goods and services for the shipping sector are manufactured within the bloc. According to a draft document seen by Reuters, these Made in EU proposals are scheduled for presentation next week as part of an effort to bolster the domestic shipbuilding and maritime industries. The draft outlines how the EUexecutive intends to use procurement preferences and potential financing support to strengthen the security and sustainability of its ports while enhancing overall competitiveness.
