The Belledune Port Authority (BPA) has signed a Memorandum of Understanding (MOU) with Germany’s largest seaport, the Port of Hamburg, to collaborate on the movement of dry and liquid bulk commodities and manufactured products between Canada and Germany.
The MOU will assure safe and secure access for the movement of clean fuels, green energy and other products between Canada and Germany.
In August, BPA has also signed a MOU with Niedersachsen Ports, Wilhelmshaven, Germany.
These agreements support the MOU between the Governments of Canada and Germany to establish an energy partnership aimed at achieving net-zero emissions by 2050 through a transition to reliable and sustainable energy.
They also support the joint declaration of intent between Canada and Germany to establish a Canada-Germany Hydrogen Alliance signed 23 August 2022 in Stephenville, Newfoundland.
According to the Port of Hamburg, the MOU recognises the importance of the role that the Port operations will play in the production, storage and shipment of clean fuels and green manufactured goods, for both domestic and intercontinental markets.
“The Ports will form a relationship that will foster collaboration to support the emerging needs of Canada and Germany’s energy and manufacturing sectors, with a focus on the production, storage and shipment of cleaner fuels such as green ammonia, hydrogen, biomass and renewable natural gas,” the Port of Hamburg said in a statement.
The Ports will also share information on:
- Government policy updates;
- market dynamics;
- infrastructure developments;
- technology advancements in the maritime transport sector as it transitions to cleaner fuels and greener energy;
- best practices on liquid and dry bulk products storage and shipping particularly in the areas of clan fuel and green energy; and
- actions to support the development of the business-to-business relationships between importers and exports in Canada and Germany, within the energy and manufacturing services.
In other news, Hungarian transport company, Waberer’s International, has released its latest financial results and confirmed a shuffle in its ownership.