Industry leaders from across the globe have formed the North Pacific Green Corridor Consortium (NPGCC) to work for the decarbonisation of the value chain for commodities between North America and Asia.
Global dry bulk shipping major, Oldendorff Carriers, is a founder member alongside Mitsubishi Canada, Mitsubishi Heavy Industries, NYK Bulk & Project Carriers, the Canadian National Railway Company, Prince Rupert Port Authority, Teck Resources, Trigon Pacific Terminals and Vancouver Fraser Port Authority.
The group will apply its collective expertise to develop a corridor for the decarbonised transportation of multiple commodities, including agricultural products, metal concentrates and steelmaking coal.
“The members of the NPGCC are committed to establishing the consortium as a catalyst for decarbonization efforts, exploring new markets for low carbon fuels in North America and Asia, exploring propulsion options, and showcasing how carbon reduction initiatives can strengthen commercial partnerships,” a statement reads.
The group’s activities will focus on pathways to optimise energy efficiency with the specific goal of advancing projects and infrastructure required to achieve reductions in the near term. Consideration will be given to the potential production, storage and bunkering of lower-carbon fuels and propulsion options for use by group members and other parties.
NPGCC members represent approximately 25% of the more than 100 million tonnes of bulk commodity products shipped annually through the ports of Vancouver and Prince Rupert.
Linda Kongerslev, Global Engagement & Sustainability, Oldendorff Carriers, and who is also a director of the NPGCC commented: ““Oldendorff welcomes this opportunity to work with key coalition partners to drive a decarbonized supply chain. We are continuously looking for ways to reduce the environmental footprint of our shipping services, and the establishment of the North Pacific Green Corridor Consortium is an exciting milestone on this path.”
