The pricing of North Sea Dated Brent has had a significant impact on the European shipping industry. This is because the pricing of North Sea Dated Brent is used as a benchmark for prices of other types of oil, which affects the cost of transporting goods by sea.

This has had an effect on the profitability of the shipping industry, as the cost of transporting goods is a major component of overall costs. Additionally, the volatility of oil prices can have an effect on the stability of the industry, as sharp price increases can lead to a decrease in demand for shipping services.

Finally, the pricing of North Sea Dated Brent has been a major factor in the development of new technologies in the shipping industry, as companies have had to adapt to the changing prices of oil in order to remain competitive.