The Port of Rotterdam Authority and Brazil's Pecém Port Complex Integration Company (CIPP) have announced a new cooperation agreement to develop energy projects, including offshore wind and green hydrogen initiatives. The partnership is a significant milestone for Rotterdam, which is looking to become a leader in the European hydrogen economy.
One of the primary goals of the partnership is to import renewable energy on a large scale, in the form of green hydrogen, for the European energy supply. Rotterdam's ownership of Pecém, a logistics hub located in northeast Brazil, offers opportunities for international trade flows and investment from Europe. The partnership was formalized in the presence of Dutch Prime Minister Mark Rutte and his delegation during their visit to Brazil.
The agreement is a key development in the drive towards sustainable energy, and the commitment of the two ports to promote the use of renewable resources is a significant step forward. The signing was conducted through a live video link between the World Port Center in Rotterdam and the Pecém Port Complex Integration Company, CIPP in Brazil, during the World Hydrogen Summit & Exhibition 2023 in Rotterdam.
The collaboration is expected to create new opportunities for both ports, with the potential for mutual benefits from the trade in green hydrogen and the expansion of sustainable energy infrastructure. The partnership between the two ports is a vital step forward in the global effort to reduce carbon emissions and promote the use of renewable energy.