The H2Global Foundation and its subsidiary Hintco GmbH have signed a memorandum of understanding (MoU) with V.O. Chidambaranar Port Authority (VOCPA) to explore how a port-enabled, double-sided auction approach could support the development of clean shipping fuel value chains in India and connect them with potential offtake markets.
The cooperation will focus on the potential role of VOCPA in enabling future value chains for green hydrogen derivatives through port infrastructure, logistics, storage, bunkering, certification, safety, and export-related functions.
VOCPA, headquartered in Tuticorin, Tamil Nadu, administers one of India’s twelve major ports and has identified green hydrogen and clean shipping fuels as strategic priorities. The cooperation is aligned with India’s National Green Hydrogen Mission and reflects the growing role of ports as strategic nodes for hydrogen derivative production, clean energy exports, hydrogen derivative trade, and maritime decarbonisation.
The MoU is exploratory and non-commercial. It does not create financial or funding obligations for either party and is not legally binding.
Through this cooperation, H2Global continues its work to support the international market ramp-up of renewable hydrogen and its derivatives by advancing transparent, competitive, and scalable market-creation instruments.