European Parliament greenlights EU ports regulation

The European Parliament has voted in favour of a revised EU Ports Services Regulation (PSR) aiming to make European ports more competitive and increase financial transparency.

Despite voting against EU ports legislation twice in the past, the European Parliament adopted in plenary the revised PSR on March 8, with 451 MEPs voting in favour and 243 against.

The decision sparked controversy as big players in the UK port industry argued that privately-financed ports would be undermined by the PSR.