The Union of Greek Shipowners (UGS) became on Friday the second major Greek owners’ club to come out in favour of European Union (EU) moves to increase charterers’ liability for emission costs.

Draft legislation currently under discussion at the European Parliament (EP) “addresses the shipping industry’s concerns to a significant extent, primarily by recognising the commercial operators’ structural role in shipping and for its decarbonisation, in line with the ‘polluter-pays’ principle,” the Union of Greek Shipowners (UGS) said in a statement.