Ladies and gentlemen,
It is a great pleasure to be here in Rotterdam for Cruise Week Europe. This city blends modernity with reminders of Europes rich maritime heritage. The Port of Rotterdam, which I have just admired from the sea, is impressive and serves as a crucial gateway for Europe. It is the ideal place to discuss the future of the cruise industry, a sector that is economically significant and connects Europe with the rest of the world.
Our world is becoming increasingly complex and geopolitical tensions can swiftly disrupt established patterns. Maritime operations are affected by this, as adjustments in cruise itineraries in the Middle East demonstrate. We must also deal with the dark fleet, for which we have sanctions and proposals to amend the Vessel Traffic Monitoring Directive. Safety remains our top priority.
We invest in a robust and coordinated approach to maritime security, both at the EU level and with international partners. In addition to safety, we want to strengthen the maritime sectors competitiveness. The cruise industry plays a crucial role in Europes tourism and drives economic growth in coastal regions. The sector is innovative and a key player in shipbuilding.
We understand the balance between economic growth and environmental sustainability and support the cruise sectors transition. Competitiveness and sustainability must go hand in hand for long-term success. The EUs Competitive Compass confirms our commitment to economic resilience and leadership. The future Maritime Industrial Strategy will focus on fleet renewal, investments, innovation, and security.
We recognize the challenges in reducing emissions and offer support through regulations like the Emissions Trading System and FuelEU Maritime. The European Commission supports the industry with significant funding through the EU Innovation Fund and Horizon Europe. Collaboration between cruise lines, national authorities, and port operators is essential for investing in sustainable fuels and technologies.
In April, the MEPC meeting will be crucial for the decarbonisation of the maritime sector. We must adopt an ambitious package of measures to create a global level playing field. Digitalisation can increase efficiency and transform the passenger experience, as well as improve safety. Technological advancements bring new skill requirements, and we must invest in training and development.
Ports are vital hubs for the cruise industry. We are working on a European Port Strategy that addresses a wide range of issues, from economic and cyber security to competitiveness and sustainability. The cruise industry must be a key partner in shaping this strategy.
Ladies and gentlemen, the European cruise sector is on the brink of significant growth. Let us collaborate to ensure the industry stays at the forefront of innovation, remains a key driver of our economy, and leads the way in environmental sustainability.