The port authorities of Valencia and Santos, Panama, have signed a memorandum of understanding for the creation of a green maritime corridor.

 “The Santos–Valencia corridor reinforces our decarbonisation strategy and will enable us to coordinate actions to promote the use of low- or zero-emission fuels, the supply of electricity to ships in port, the electrification of terminals and logistical efficiency through advanced digital technologies,” said Valenciaport president Mar Chao.

The initiative is part of the Global Gateway strategy, the European external investment programme aimed at strengthening strategic partnerships and accelerating the transition towards more sustainable and competitive maritime transport, with a particular focus on Latin America and the Caribbean.