European Parliament adopts EU ports regulation

The European Parliament has adopted a Port Services Regulation (PSR) aiming to enhance EU ports’ competitiveness and financial transparency.

The PSR, which was adopted following the finalisation of a three-year legislative process, represents an attempt to boost investment in ports by making that fees and funding European Union (EU)’s ports get from carriers and governments clearer.

The new rules, which apply to over 300 EU seaports in the trans-European transport network, will now go to the Council of the EU for approval.