The Belledune Port Authority (BPA) has signed a Memorandum of Understanding (MoU) with the Port of Rotterdam to collaborate on the transportation of goods between Canada and the Netherlands with a focus on using green products and clean fuels, including hydrogen.
Under the agreement, the Port of Belledune is establishing a direct trade route between New Brunswick and the port for one of Europe’s largest clean energy markets.
With New Brunswick Premier Blaine Higgs in attendance, the agreement was signed at the World Hydrogen Summit in Rotterdam on May 10th by Allard Castelein, the CEO of the Port of Rotterdam, and BPA’s CEO Denis Caron.
"This is the latest step in our journey to bring sustainable energy solutions to the world," Caron said. "This agreement recognizes the benefits of working together to develop clean hydrogen technology, infrastructure and export/import corridors."
In addition to solidifying the relationship between the two ports, the MOU aims to meet the energy needs of both countries by focusing on the production, storage and shipment of cleaner fuels such as green ammonia, hydrogen, biomass and renewable natural gas.
It also supports BPA’s business diversification plan and the development of a green energy hub to stimulate regional economic development.