
It will focus on assessing the role of port infrastructure in supporting clean fuel production and offtake
V.O. Chidambaranar Port Authority in Thoothukudi has signed a Memorandum of Understanding (MoU) with Germany’s H2Global, represented by the H2Global Foundation and Hintco GmbH, to explore cooperation in the development of green hydrogen and clean shipping fuel trade corridors.
The MoU aims to explore the feasibility of developing a double auction mechanism or similar auction-based models for clean shipping fuels for the port. It will focus on assessing the role of port infrastructure in supporting clean fuel production and offtake, while examining implementation pathways for integrating Indian ports into international green fuel supply chains.
The areas of cooperation include assessment of infrastructure and logistics requirements for storage, handling, bunkering, transport, certification, market creation, safety and export of green fuels, including green ammonia, green methanol and other hydrogen derivatives, said a release.
The collaboration is expected to facilitate stakeholder engagement among government agencies, industry participants, infrastructure operators, shipping companies, financial institutions and potential off-takers. The partnership will also support the preparation of a roadmap for developing clean fuel trade corridors and strengthening the export ecosystem for green hydrogen derivatives from India to Germany and other European markets, the release said.
Published on June 6, 2026