The joint project is called the Chilean Green Corridors Network and was announced during the Our Ocean Conference hosted in Palau by the Republic of Palau and the United States.

US special presidential envoy for climate John Kerry attended the conference.

The first project step will comprise the mapping and assessment of the most promising green corridors in the region, based on emission intensity, fuel availability, distance to ports, vessel segments, routes and cargo types, among other relevant aspects.

This work will be completed in 2022, and it will pave the way for the deployment of selected green corridors in the coming years, an official release said.

Copenhagen-based Maersk Mc-Kinney Moller Centre for Zero Carbon Shipping will lead the pre-feasibility study in close collaboration with representatives from the Chilean government, engaging relevant stakeholders that operate in the end-to-end value chain associated with the corridors.

The aim is to drive the formation of consortia among these stakeholders, who hold the potential of fully realising green corridors.

In November 2021, the country was among the first to sign the Clydebank Declaration to support the establishment of green shipping corridors. Regional first mover initiatives like the Chilean Green Corridor Network pave the way for a decarbonised maritime industry.

The announcement comes only a few days after the Maesk Mc-Kinney Moller Centre for Zero Carbon Shipping launched the European Green Corridors Network, with five progressive European ports.

Fibre2Fashion News Desk (DS)