EU-funded study to asses feasibility of Panama-Spain green shipping corridor

London-based environmental, energy and engineering consulting company Ricardo is leading a study that investigates the feasibility of a green shipping corridor between Panama and Algeciras, Spain, aiming to decarbonize maritime trade and modernize global connectivity.

The study is funded by EU delegations in Panama and Costa Rica and aims to deliver an understanding of the technical, financial and policy conditions required to make the Panama-Algeciras corridor a practical green shipping route.

Ricardo will lead the study, in collaboration with the Algeciras Bay Port Authority, the Panama Canal Authority, the Panama Maritime Authority, and subcontractor with Maritime & Logistics Consulting Group.