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Wednesday, 3 November 2021

(MAR) 430 TONNE H2 HANDYMAX


430 tonne capacity Handymax vessel intended to be the first commercial-scale vessel available for the marine transport of hydrogen.

Perth, Western Australia-headquartered Global Energy Ventures (ASX: GEV) is pushing forward with its plans to develop compressed hydrogen tankers as a means of transporting green energy to regional markets.

Back in July this year, the company received Approval in Principle (AiP) from classification society ABS for a 2,000 tonne capacity compressed-hydrogen vessel. Now it has gained an AiP from ABS for a 430 tonne capacity Handymax vessel intended to be the first commercial-scale vessel available for the marine transport of hydrogen.

“Hydrogen has a significant role to play in global decarbonization initiatives both within shipping and the wider economy. Safe and efficient transport of hydrogen at sea will be critical to the development of the infrastructure required for its wider adoption and we are proud to be able to support GEV with its innovative designs,” said Georgios Plevrakis, ABS director, global sustainability.

“GEV is pleased to secure AiP from ABS, which is a leading classification society for gas carriers,” said GEV managing director and CEO Martin Carolan. “GEV is looking forward to working with them to ensure that our compressed-hydrogen ships continue to meet the highest safety standards. Marine storage and transport solutions are required for hydrogen to contribute to global decarbonization ambitions.”

GEV’s Handymax design is able to enter most ports and is equipped with a dual-fuel engine powering generators coupled to two electric drive fixed pitch propellers or a dynamic positioning system.

The ABS AiP was granted following a review of GEV’s design in accordance with the ABS Guidance Notes on Review and Approval of Novel Concepts incorporating relevant principles from the ABS Guide for Vessels Intended to Carry Compressed Natural Gases in Bulk and the IMO IGF Code. ABS Rules and Guides can be downloaded here - MarineLog - link - Nick Blenkey - link - more like this - link

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