Namport and APS – Port of Sines Collaboration for Green Logistics Corridors
Key Ideas
- Namport and APS – Port of Sines signed a MoU to boost cooperation in developing sustainable, green, and digital logistics corridors.
- The partnership aims at advancing trade and logistics between Namibia and Portugal, aligning with the EU's Global Gateway Initiative.
- Namport highlighted Namibia's renewable energy resources and ambitions in green hydrogen production as key factors in the collaboration.
- The collaboration focuses on developing an Atlantic Hub and logistics corridor for handling critical raw materials, synthetic fuels, green hydrogen, and its carriers.
The Namibian Ports Authority (Namport) has signed a Memorandum of Understanding (MoU) with APS – Port of Sines and Algarve Authority in Portugal to enhance cooperation in developing sustainable, green, and digital logistics corridors. The five-year MoU signifies a milestone in promoting trade and logistics between Namibia and Portugal, emphasizing both countries' roles as significant hubs for sustainable energy and global commerce. This partnership aligns with the European Commission's Global Gateway Initiative, which seeks to attract €300 billion in investment for smart, clean, and secure connections in energy, transport, and digital sectors. Namport highlighted Namibia's renewable energy resources, essential raw materials, and its green hydrogen production ambitions, with the ports of Walvis Bay and Lüderitz facilitating exports and enhancing regional trade. The collaboration between Namport and the Port of Sines focuses on establishing an Atlantic Hub and logistics corridor to handle critical raw materials, synthetic fuels, green hydrogen, and its carriers, leveraging the natural characteristics and strategic location of the Port of Sines as a key European logistics hub under the initiative.
Topics
Green Hydrogen
Renewable Energy
Sustainability
Investment
Trade
Logistics
European Commission
Global Commerce
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