Mitsui O.S.K. Lines, Ltd. (MOL) in Tokyo has signed a memorandum of understanding (MOU) with Madoqua Renewables Holding Lda (Madoqua) and other global leaders to develop a Green Corridor connecting Portugal to Northern Europe. This project aims to establish a shipping route using low-emission solutions and transporting low carbon fuels. The collaboration involves industry leaders from Europe, Asia, and North America across the energy transition value chain. Madoqua, a renewable energy developer, will coordinate the project focusing on green hydrogen projects in Portugal. The initiative aligns with MOL's goal of achieving net zero greenhouse gas emissions by 2050 and is in line with their Environmental Vision 2.2. MOL's role as a Shipping Logistics Partner will involve facilitating the transportation of green fuels and CO2, promoting the use of zero-emission ships, and providing insights into logistical and operational requirements for green fuels. The project also aims to support the European Union's climate goals and advance the global green fuels industry. Through this partnership, MOL aims to drive innovation and contribute to a greener, more sustainable maritime industry.