Tag: corridors

Shell, ENGIE, Vopak and Anthony Veder have reached agreements to develop hydrogen chain from Sines to Rotterdam. The aim is to start producing hydrogen in Portugal and ship it in liquid form to Rotterdam.

During 2022, shipping industry joined forces and launched several initiatives to support its Environmental, Social and Governance topics. As the industry is heading towards a more sustainable future, the challenges are many. Improving its image remains a top priority and ESG showcase the positive strides that shipping is making.

Approaching towards the last days of 2022, we take a look back at the most important issues regarding shipping decarbonization.

While the Black Sea Grain Initiative received an extension for 120 days, "Russia still has tools to artificially limit its capabilities," said the Minister of Infrastructure of Ukraine, Oleksandr Kubrakov.

South Korea and the US agreed to establish a green cargo shipping route between the Port of Busan and the Port of Tacoma aiming to achieve maritime carbon neutrality.

COP 27 wrapped up with a historic decision to establish a loss and damage fund for vulnerable countries hit hard by climate disasters. And while the high-level meeting was expected to set a more ambitious timeline for shipping to decarbonize, the progress on climate ambition was generally perceived as weak.

UN and Ukraine agreed to extend the Black Sea Grain Initiative by 120 days, aiming to ease global food shortages by facilitating Ukraine's agricultural exports from its southern Black Sea ports.

A new report from the Global Maritime Forum, prepared on behalf of the Getting to Zero Coalition, assesses progress towards the development of Green Shipping Corridors and finds that activity during 2022 exceeded expectations.

During COP27, the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping launched the Green Shipping Corridor Hub. This is an interactive platform and toolkit to support the development of green shipping corridors.

The Northwest Seaport Alliance (NWSA) announced its partnership with the Republic of Korea, the Busan Port Authority, and the United States to study the feasibility of creating a green cargo shipping corridor between the NWSA and the Busan Port Authority’s cargo gateways.