- The Port of Argentia and Hamburg Port Authority signed a LOI to collaborate on green hydrogen transport.
- They are aiming to establish both ports as leaders in the global energy transition.
- The LOI aims to establish a robust supply chain of green hydrogen derivatives.
The Port of Argentia (Newfoundland and Labrador, Canada) and Hamburg Port Authority (Germany) signed a Letter of Intent (LOI) to collaborate on green hydrogen transport, reports Port Of Argentia.
Strategic Alignment
CEOs Scott Penney (Port of Argentia) and Jens Meier (Hamburg Port Authority) signed the agreement during the Canada-Germany Hydrogen and Ammonia Producer-Offtaker Conference in Hamburg.
The collaboration aligns with the Canada-Germany Energy Partnership and Hydrogen Alliance.
Shared Commitment
Port of Argentia CEO emphasizes strategic importance, aiming to establish both ports as leaders in the global energy transition.
Hamburg Port Authority CEO highlights the urgent need for a maritime supply chain for green hydrogen.
Government Support
The LOI supports the mandates of the Canadian and German governments to reduce emissions and transition to cleaner fuels.
It also aligns with the joint declaration of intent to establish a Canada-Germany Hydrogen Alliance.
Supply Chain Development
The LOI aims to establish a robust supply chain of green hydrogen derivatives between the two ports.
Port of Argentia’s partnership with Pattern Energy for the Argentia Renewables project will play a significant role in this collaboration.
Framework for Collaboration
The LOI provides the framework for collaboration in the production, distribution, and application of green hydrogen derivatives.
Both ports will work together to facilitate the success of the green hydrogen transport initiative.
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Source: Port Of Argentia
