European port operator Euroports and Norwegian carbon aggregator Normod Carbon have signed a non-binding Memorandum of Understanding (MoU) to explore joint infrastructure development for carbon capture, transport, and permanent storage across Euroports’ terminal network.
The agreement establishes a framework for both companies to assess technical, commercial, and market feasibility for building and operating intermediate CO2 receiving hubs.
The initiative aims to link industrial emitters across Northern and Western Europe with permanent offshore and onshore storage reservoirs.
Under the proposed partnership, Euroports will leverage its footprint of terminal facilities, deepwater access, and port logistics capabilities. Normod Carbon will contribute its operational experience in managing open-access CO2 logistics networks, which include intermediate buffer storage, shuttle tankers, and aggregation facilities.
As industrial decarbonization mandates tighten across Europe, port authorities and terminal operators are increasingly tasked with serving as multi-modal consolidation nodes for captured emissions before they are shipped to permanent geological storage sites like those in the North Sea. Shared hub architecture is seen as a key lever to reduce transport costs for emitters by aggregating volumes.
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Philip Berckmans, Group Commercial Director at Euroports, noted that the energy transition is fundamentally altering the strategic role of port infrastructure. He emphasized that port terminals will act as vital conduits for carbon management alongside renewable energy and circular economy supply chains.
Jan Lien, CEO of Normod Carbon, added that making carbon logistics accessible requires shared infrastructure and strategic terminal partnerships. “Euroports’ extensive terminal network and operational expertise make them a natural partner as we explore opportunities to establish a network of efficient CO2 hub solutions that can accelerate CCS deployment across Northern Europe,” he said.
While the agreement remains non-binding, it marks the first step toward potential joint investment decisions as both firms evaluate initial target locations and commercial off-take opportunities across Euroports’ European footprint.
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