Everfuel signed of a Memorandum of Understanding (MOU) with an undisclosed German-Norwegian shipping company for collaboration on hydrogen supply to a new zero emission shipping solution.
The two parties are exploring a cooperation where Everfuel will be responsible for delivery of hydrogen, including planning, installation and operation of an optimized, scalable fueling solution.
The aim is to establish firm contracts for long-term hydrogen supply and offtake to projects under development by the undisclosed partner which aims to become a leading zero-emission shipping company in Europe.
Targeted start of operation is early 2023 with an initial ship, which is expected to consume approximately 1,000 kg of hydrogen per day.
Today, ships are mainly propelled by maritime diesel engines, which are highly pollutant. A single large container ship or a passenger cruiser can emit as much sulfur emissions to the air as 50 million cars in a year. Switching to zero emission solutions will make a significant difference. We look forward to this cooperation on pioneering green shipping fueled by hydrogen from Everfuel
stated Jacob Krogsgaard, the CEO of Everfuel.
The two parties are currently developing technical and commercial information and maturing the commercial and
operational framework, including identification of potential fueling sites and permitting processes required for investment decision.
