Port of Argentia, Newfoundland and Labrador, Canada and Hamburg Port Authority, Hamburg, Germany signed a Letter of Intent (LOI) to collaborate on the export and import of green hydrogen from Canada to Germany.
In particular, CEO’s Scott Penney, Port of Argentia, and Jens Meier, Hamburg Port Authority (HPA), signed the agreement while attending the Canada-Germany Hydrogen and Ammonia Producer-Offtaker Conference in Hamburg.
This signing strategically aligns both the ports of Argentia and Hamburg to facilitate the development of a hydrogen export/import corridor as we collectively establish our ports as leaders in the global energy transition.
..states Port of Argentia CEO Scott Penney.
Jens Meier CEO at Hamburg Port Authority: “The ports of Argentia and Hamburg concur that a maritime supply chain for green hydrogen and its derivates is urgently needed. Such novel supply chains need close cooperation and collaboration among exporting and importing ports. As future production and consumption locations, both Ports have unique offerings to share in a manner that can be mutually beneficial.”
As explained, this LOI supports the Governments of Canada and Germany mandate to establish an energy partnership and foster collaboration aimed at reducing emissions and transitioning to cleaner fuels and a greener economy and supports the joint declaration of intent between Canada and Germany to establish a Canada-Germany Hydrogen Alliance.
In signing this LOI, the Port of Argentia and Hamburg Port Authority will support the initiatives in their respective port area to establish a robust supply chain of green hydrogen derivatives between the two ports.