The Port Authorities of Valencia and Santos, Panama, have signed a Memorandum of Understanding (MoU) for the creation of a green maritime corridor.
The stated aim is to promote the decarbonisation of maritime transport between Europe and South America and strengthen the historic cooperation between the two ports.
The agreement was reached during the Global Gateway Green Shipping Corridors and Hubs (GGGSCH) Regional Workshop – Latin America and Caribbean, attended by Valenciaport President Mar Chao and Acting President and Director of Operations of the Port Authority of Santos, Beto Mendes. The signing took place at the International Maritime University of Panama.
The event was also attended by Félix Fernández Shaw, Director for Latin America and the Caribbean at the European Commission’s Directorate-General for International Partnerships (DG INTPA), and Izabela Matusz, representative of the Delegation of Panama.
The MoU establishes a framework for collaboration that includes cooperation with shipping companies, shippers, energy suppliers and research centres, promoting the adoption of sustainable fuels such as liquefied natural gas (LNG), biofuels, green methanol, green ammonia and hydrogen, as well as carbon capture and reuse technologies.
In this regard, both port authorities will facilitate the use of technologies aimed at reducing emissions, improving energy efficiency and transitioning to low- or zero-carbon energy sources in both ports. They will also advance collaboration with participants to support and promote emissions reduction along the designated routes between the two ports.
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“The Santos–Valencia corridor reinforces our decarbonisation strategy and will enable us to coordinate actions to promote the use of low- or zero-emission fuels, the supply of electricity to ships in port, the electrification of terminals and logistical efficiency through advanced digital technologies,” said Chao.
Mendes further explained that for the Port of Santos: “Decarbonisation is part of a structured strategy for energy planning and transformation of the port system.
“In this context, the green maritime corridor between the Port of Santos in Brazil and the Port of Valencia in Spain is a milestone in international cooperation aimed at the energy transition of maritime transport.”
In this regard, the President of the Port of Santos explained that this initiative is aligned with its Energy Master Plan and “strengthens technical and institutional cooperation between both ports and contributes to the development of sustainable, innovative and resilient solutions for global logistics chains,” he said.
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Santos is currently South America’s leading port in terms of import and export traffic for Valencia, according to Valenciaport, which means that the creation of the green corridor will strengthen the position of Santos and Valencia as strategic gateways for trade between the two continents.
The President of Valenciaport thus emphasised that the shared commitment of both ports to sustainability has been key to the launch of this corridor.
“Both Valencia and Santos have ambitious decarbonisation plans: Valencia aims to achieve climate neutrality by 2035, while Santos is strengthening its role as a leading green hub in Brazil and throughout Latin America,” Chao added.
Earlier this month, Valenciaport announced its ECOPORT II initiative is deploying renewable energy and installing electric charging points for ships as part of its Net Zero Emissions plan.
For more information:
Valenciaport – https://www.valenciaport.com/en/
