March 21, 2022 [HYDROCARBOENGINEERING] – Stolthaven Terminals and the Pecém Industrial and Port Complex, a joint venture (JV) formed by the Ceará State Government and the Port of Rotterdam in the Netherlands, have announced the signing of a Memorandum of Understanding (MoU) for the study of a new storage terminal in Pecém Port, Brazil.

The terminal will focus on providing storage and handling services for green hydrogen and associated products.

Pecém Port is located in Ceará State and has huge potential for the generation of wind and solar power, which is fundamental to the production of green hydrogen. The Local Export Processing Zone is completely integrated with the Port of Pecém, which is connected to a wide gas distribution network.

As one of the largest ports in Europe, the Port of Rotterdam is well placed to provide valuable insight and knowhow, as it is already preparing to operate as the green hydrogen hub for Europe. Proposals for the Pecém terminal include a bonded storage facility for ammonia, a raw material used in the production of hydrogen.

Marcelo T. Schmitt, General Manager of Stolthaven Santos, said: “We are pleased to be partnering with Pecém Industrial and Port Complex on this exciting project, which supports our long-term strategy of investing in sustainable supply chain logistics.

“Stolthaven Santos is committed to supporting the global energy transition, moving away from the reliance on fossil fuels to greener energy sources. Our expertise in running state-of-the-art terminals, together with our sustainability commitment and values that are shared with our partners make this a very exciting opportunity.”

Danilo Serpa, CEO of Pecém Industrial and Port Complex, added: “We are very pleased to have signed this MoU with Stolthaven, a company of recognised expertise not only in Brazil, but worldwide. Our teams, from Pecém and Stolt, are already working on technical studies that will allow us to advance on the viability of the project’s deployment in the Pecém port terminal area.”

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