European Union Announces New Shipbuilding Support Measures Under 'Made in EU' Initiative

Brussels, February 10. The European Commission has announced the launch of new measures to promote European shipbuilding under the 'Made in EU' initiative. These steps are aimed at strengthening the resilience of the industry and accelerating ship production.

The initiative includes the removal of 'unrealistic factors' such as instability and delays in product manufacturing. It aims to stimulate orders for ferries, tugboats, and research vessels, providing funding through the European Investment Bank (EIB).

Key Support Elements

• EIB Funding: Providing affordable loans for shipbuilding projects.
• Support for the Maritime Sector: Stimulating orders for specialized vessels, including ferries and tugboats.
• Job Creation: Support for 316,000 jobs in the industry is planned.

The measures also cover research vessels, promoting innovation and sustainable development in European shipbuilding. The European Commission emphasizes that these initiatives will help the industry compete in the global market while maintaining the EU's leadership in the production of high-tech vessels.

Representatives of the shipbuilding industry welcomed the announcement, noting the timely support amid growing competition. Details of the implementation of the measures will be revealed in the coming weeks.