Port of Sines signs green shipping corridor agreement with Brazilian partner

Port of Sines signs green shipping corridor agreement with Brazilian partner

July 17, 2023

APS – Ports of Sines and the Algarve Authority and CSN – Steelwork National Company (Brazil) signed a Memorandum of Understanding (MoU) on 12 July, within the scope of the European Commission’s Global Gateway initiative.

More specifically, this agreement aims at establishing the scope, rules and guiding principles of the developing joint action in order to establish sustainable, green and digital logistical corridors to support a strategy focused on three essential pillars; logistics resilience, energy resilience, and physical and digital connectivity.

Additionally, a commitment that also has the intention of attracting structuring investments and to promote industrial policy, providing particular opportunities for segments such as agribusiness, critical raw materials and Green Hydrogen.

Portugal’s minister for infrastructures, João Galamba, stressed “the relevance of the Memorandum in promoting the development of port infrastructures, transport and the fulfillment of sustainable, green and digital logistical corridors, aimed at increasing connectivity on a global scale”.

This MoU between the Port of Sines and CSN was signed under the scope of the European Commission and the European Union High Representative kick-off of the Global Gateway, in December 2021, consisting of a new European strategy to promote smart, clean and safe connections to digital, energy and transport sectors, aligned with the United Nations 2030 Agenda and its Sustainable Development Goals.

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