Consortium to establish Brazil-Europe green shipping corridor

The consortium also includes HIF Global, Fuella, NYK Line, Höegh Autoliners, and Wallenius Wilhelmsen. The consortium will assess infrastructure, vessels, and business models to create a roadmap for transporting zero-carbon fuels produced in Açu, such as e-ammonia or e-methanol. The transport itself would also be powered by the same zero- or near-zero-emission fuels.  The new consortium builds on a pre-feasibility study developed by RMI and the Global Maritime Forum in November 2025.

The study highlighted the competitive projected costs of e-fuel produced in Açu, due to Brazilian policies supportive of green hydrogen production, the country’s largely renewable electricity grid, its abundance of renewable energy sources, and a relatively low cost of capital.      The feasibility analysis is expected to be published by the end of the year, with the consortium meeting regularly in the meantime. Green shipping corridors are dedicated trade routes where the feasibility of zero-emission shipping is catalysed by public and private action. These routes are seen as central to achieving the shipping industry’s goal of zero-emission fuels accounting for 5% of all fuels by 2030.      While green corridors have rapidly expanded in popularity worldwide, and a handful of initiatives have now reached the realisation stage, the most recent edition of the Annual Progress Report on Green Shipping Corridors warned that progress is being stalled by a ‘feasibility wall’ created by the cost gap between conventional and zero-emission fuels.