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Image header Agence Europe
Europe Daily Bulletin No. 13770
Contents Publication in full By article 15 / 34
SECTORAL POLICIES / Transport

European marine equipment industry remains world leader, but global share of ships built in EU has fallen since 2019

The global share of ships built in the EU fell by 1.2% over the period 2019-2023, compared with the period 2016-2020, according to the Emsafe report, published by the European Maritime Safety Agency (EMSA) on Monday 8 December.

Most of the ships built in Europe are passenger ships, fishing vessels and other types of vessels, such as offshore supply vessels, dredgers and tugs. The European marine equipment industry remains a world leader across a wide range of products.

Over the period 2019-2023, European-based shipyards accounted for 7.6% of global shipbuilding activity, based on the number of ships built. This represents a fall of 15.6% compared with the period 2016-2020.

According to the MED portal, 45% of the marine equipment authorised to be installed on board ships flying the flags of EU Member States is manufactured by companies based in the EU. However, the decline in the market share of EU shipyards could also have a negative impact on EU marine equipment manufacturers.

Read the report: https://aeur.eu/f/jxm (Original version in French by Anne Damiani)

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