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  3. Brazil and Norway ink green shipping corridor agreement

Brazil and Norway ink green shipping corridor agreement

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    The latest green shipping corridor announcement comes from Brazil and Norway that have signed a Memorandum of Understanding (MoU).

    The agreement, signed by the Brazilian Ports and Airports Minister Silvio Costa Filho and Norway’s Ambassador to Brazil, Odd Magne Ruud, aims to establish a shipping corridor between Brazil and Norway for vessels powered by advanced technology and low- or zero-carbon fuels, significantly cutting greenhouse gas emissions.

    Silvio Costa Filho hailed the initiative as a milestone for global logistics, of far-reaching impact. “This project will benefit not just our two countries but the entire world. Alongside the Norwegian government, we are committed to making maritime transport even more sustainable and environmentally advanced. Our goal is to build a sector that balances economic growth with environmental responsibility, positioning Brazil as a global leader in sustainable shipping,” he said.

    [...]

    The pilot project will involve key industry players and research institutions on both sides of the Atlantic to identify strategic routes and ports while developing and scaling up zero-emission fuel solutions.

    [...]

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