World News
Barcelona and Shanghai Ports Sign Green Corridor and Digitalisation Agreement
The Port of Barcelona and Shanghai International Port Group (SIPG) have signed a cooperation agreement to strengthen ties and jointly promote digitalisation, standardisation, and decarbonisation in maritime transport.
The two ports will develop a green shipping and digital corridor, aiming to offer emissions-neutral maritime services between the Far East and the Mediterranean, the Port of Barcelona said in a statement on its website on Monday.
This will include alternative fuel-powered vessels and the infrastructure to support them at both ports.
The agreement was formalised during a visit to Shanghai by a Catalan delegation led by President Salvador Illa, with the signing carried out by Barcelona Port President José Alberto Carbonell and SIPG President Song Xiaodong.
Building on a previous collaboration agreement in 2023, the new deal outlines specific initiatives and sets up a bilateral working group to define projects in areas such as cruise operations, security and port management.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 502.50 | 0.50 | 652.00 | 0.00 |
| Rotterdam | 474.50 | 2.50 | 655.00 | 0.50 |
| Houston | 491.00 | 0.50 | 664.00 | 3.50 |
| Fujairah | 504.00 | 2.50 | 731.00 | 0.50 |
| Global 20 Ports Average | 529.00 | 1.00 | 745.50 | 0.50 |
| Global 4 Ports Average | 493.00 | 1.00 | 675.50 | 1.00 |
| Global Average Bunker Price | 558.00 | 10.50 | 794.50 | 0.50 |
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