Cyprus Shipping Chamber applauds adoption of net-zero act

The Cyprus Shipping Chamber (CSC) recently announced that it welcomed the adoption of the Net-Zero Industry Act proposal by the European Parliament.

As explained by the European Commission, the Net-Zero Industry Act (NZIA), first proposed on March 16, 2023, aims to bolster European manufacturing capacity for net-zero technologies, aiding in the transition to a climate-neutral economy.

The regulation seeks to enhance competitiveness and resilience in the EU’s net-zero technology industrial base...