Unitrove announced the delivery of the world’s first liquid hydrogen bunkering facility for fueling zero-emission vessels.
Commenting on the delivery, Steven Lua, CEO commented that liquid hydrogen will be able to serve the heavier portion of the shipping fleet.
Unitrove is also exploring options such as ammonia, liquid organic hydrogen carriers, and solid hydrogen in the form of sodium borohydride.
Nevertheless, Mr. Lua adds that priority is currently being given to the development of international standards and regulations for pure hydrogen.
We believe that hydrogen will be recognised as a global commodity that will be traded in the same way that natural gas is today
Currently, says Mr. Lua, the bunker fuel market is worth an estimated $120bn, “so there is a huge opportunity not only in environmental and social terms, but also financially.”
Furthermore, recently the Cruise Division of MSC Group, Fincantieri and Snam signed an agreement to jointly determine the conditions for the design and construction of what would become the world’s first oceangoing hydrogen-powered cruise ship.
In addition, Norwegian ferry operator Norled has also received the world’s first liquid hydrogen-powered ferry, MF Hydra.