Austal Australasia has been awarded a contract valued between A$265 and A$275 million by Gotlandsbolaget of Sweden, for the design and construction of a 130-metre combined cycle, ‘hydrogen-ready’ vehicle passenger ferry.
Together, SEFE and Höegh Evi will analyse the technical and commercial feasibility of various corridors for the supply of clean hydrogen based on ammonia.
Höegh Evi has signed a Memorandum of Understanding (MoU) agreement with the port of Port-La Nouvelle to develop a floating terminal for hydrogen imports.
A McDermott subsidiary and Hanwha Ocean received Approval in Principle for design of a cargo containment system and an 80,000 cu m liquid hydrogen carrier from DNV.
The vessel is equipped with HD Hyundai's new large liquid hydrogen tanks featuring advanced vacuum insulation and an electric propulsion system with Hydrogen Dual Fuel HiMSEN engines
The International Chamber of Shipping (ICS) launches new report identifying that heavy Industry sector are expected to dominate global hydrogen demand to 2050, with South Korea, Japan and Europe being the first markets for hydrogen.
Green hydrogen is produced using a process called water electrolysis, in which an electrolyzer — powered by a renewable energy source such as wind or solar — splits fresh water into hydrogen and oxygen.