Maritime and mining sector team up for iron ore green corridor

A new consortium will explore the options for developing a maritime green corridor for the zero-emission shipping of iron ore between South Africa and Europe. This initiative is the first of its kind from Africa and represents a major step in the region’s involvement in shipping’s decarbonization.

Maritime green corridors – routes between major port hubs where zero-emission solutions are supported and demonstrated – have swiftly become recognized as one of the most important tools to aid industry and governments in the decarbonization of the maritime sector.

The consortium brings together Anglo American, Tata Steel, CMB, VUKA Marine, Freeport Saldanha, and ENGIE, convened by the Global Maritime Forum, to assess how zero-emission shipping on the corridor can unlock new opportunities for South Africa’s sustainable development and contribute to a just transition to a zero-emission maritime ecosystem.

This maritime supply chain consortium of iron ore miners and shippers, the steel industry, ship owners, freeport operators, and energy suppliers will explore full-scope concepts for the South Africa-EU green corridor development. The work will look at bunkering and offtake arrangements, available green fuel supplies, and financial and business model alternatives.

Learn more: Mining Review Africa