NEWS COMMENTARY

ICCT report finds 43% of container vessels on transpacific routes can be completed with hydrogen and no changes to operations

Published:
March 06, 2020
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The ICCT report analyzed the potential of hydrogen as a fuel for shipping vessels along the transpacific corridor. Key findings include that with a 5% reduction of cargo to make room for hydrogen fuel storage, 99% of the fleet could complete the journey. While the report noted that limited supply is a current barrier, our calculations of the fuel demand of the 304 vessels and their 1,246 voyages would require more than 20% of the hydrogen produced today, nearly all of which is utilized for industrial purposes. It remains unlikely for industrial processes to reduce their hydrogen requirements, but as only 2% of the world's proven natural gas reserves are use today, we do not foresee a feedstock barrier for hydrogen if the demand emerges.

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