In South Korea, on April 23, 2025, climate group Solutions for Our Climate released a report projecting that the proposed Korea–Europe Green Shipping Corridor could cut emissions by over 70% between Pyeongtaek Port and major European automotive hubs, eliminating up to 1.4 million metric tons of CO₂ annually through the use of green methanol.
The corridor focuses on pure car and truck carriers linking South Korea to Bremerhaven, Antwerp, Zeebrugge, and Southampton—routes that move high volumes of vehicles from automakers like Hyundai and Kia. Green methanol, produced from renewable sources, was selected for its near-zero emissions. “Green shipping corridors with Europe present a strategic opportunity for South Korea,” said SFOC researcher Jueun Han. “Developing green shipping corridors is essential to securing the long-term competitiveness of Korea’s shipping and shipbuilding industries.”
The corridor’s design aligns with the International Maritime Organization’s 2050 net-zero framework and Korea’s Greenship-K initiative. The report recommends a Green Corridor Act, fuel infrastructure, and incentives to support rollout, with implementation led by public-private partnerships. It also positions Pyeongtaek Port—governed regionally but financed by private capital—as a launch point for South Korea’s broader maritime decarbonization strategy.
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Category: Sustainable Marine Fuels
