Cypriot shipowners and ship managers joined the chorus of criticism against the way the European Commission plans to decarbonise their industry.

The “Fit for 55” measures — to cut emissions to 55% below 1990 levels by 2030 — proposed earlier this month by the European Union’s executive body “may prove ineffective and at the same time greatly impact European shipowners and undermine global efforts to meet the required environmental objectives,” the Cyprus Shipping Chamber (CSC) said.