Case Study | May 29, 2020
With the implementation of the International Maritime Organisation (IMO)'s 2050 roadmap, the shipping industry faces clear challenges in determining the best route to reduce emissions. Our forecasts highlight this challenge, with a plethora of alternative fuels, powertrains, and energy sources ... Not part of subscription
Case Study | July 28, 2020
The shipping industry has yet to settle on a future low‑ or zero‑carbon fuel of choice. The American Bureau of Shipping highlights three main fuel pathways for shipping decarbonization. The light pathway of gaseous fuels starts with LNG and eventually transitions to hydrogen, the heavy pathway ... Not part of subscription
News Commentary | August 05, 2020
A lack of infrastructure constrains the wider use of hydrogen across sectors. It remains an open question who will build, own, operate, and maintain the infrastructure to potentially move vast quantities of hydrogen gas or chemical hydrogen carriers. Industrial gas players are well‑positioned but ... Not part of subscription
by Yuan-Sheng Yu
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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