Greece joins CEM Hubs

In April, Greece became the seventh nation to join the Clean Energy Ministerial CEM Hubs initiative alongside founders UAE and Canada, as well as Uruguay, Norway, Panama, and Brazil. Led by the International Chamber of Shipping, in collaboration with IAPH, the project will enter into implementation phase in Q3 and aims to provide the maritime and offshore industries with the technical blueprints and tools to de-risk investment decisions in establishing zero- and low-carbon fuel production import and export hubs in and around ports. CEM Hubs partner International Renewable Energy Agency estimates that more than 50% of the trade of zero-carbon fuel will need to be transported by ship from producing to importing countries by 2050.
Source: IAPH