How Digitalization Can Unlock Green Shipping Corridors from Feasibility Study to Implementation.

This white paper by PortXchange explores the strategic implementation of green corridors, examining the opportunities and challenges involved, and provides actionable insights for stakeholders committed to achieving a sustainable maritime industry.

Author: Dr. Prof. Beatriz Canamary 

Co-Author: Sue Terpilowski FCILT, OBE

We present a strategic five-step approach that creates a value proposition for green shipping corridors. This approach incorporates the critical additional benefits of digital solutions to accelerate decarbonization and create tangible results for faster implementation.

It is designed to streamline the process of establishing successful green corridors, effectively bridging the gap between intention and realization. It enables maritime and port authorities worldwide to enhance operational efficiency, reduce their carbon footprints, and reduce Scope 3 emissions.

To achieve full decarbonization of the shipping sector by 2050, zero-emission fuels and vessels must be deployed at scale over the next decade.

The green corridors concept emerged from COP26 (2021) in the Clydebank Declaration, which was endorsed by 22 countries. This declaration included a commitment to establish at least six green shipping corridors by the middle of this decade.

The same year, the Global Maritime Forum’s “Getting to Zero Coalition” report highlighted the potential of green shipping corridors along specific trade routes using major port hubs to pave the way towards zero emissions. The report emphasized that green corridors could create favorable conditions for decarbonization by enabling policymakers to establish a supportive ecosystem through targeted regulatory measures, financial incentives and safety regulations.