Monday, January 30, 2023
HomeEnvironmentKawasaki Heavy Industries Says Hydrogen Tanker Test Proved Feasible


To our FREE newsletter
Get all the latest maritime news delivered straight to your inbox.

Kawasaki Heavy Industries Says Hydrogen Tanker Test Proved Feasible

Kawasaki Heavy Industries (KHI) and other Japan-based firms said on Tuesday that a pilot project to transport hydrogen produced from brown coal in Australia to Japan in the world’s first liquefied hydrogen tanker had proven technically feasible.

While hydrogen is widely touted as a fuel of the future with zero carbon emissions, it requires intensive energy input, with renewables to produce “green hydrogen.” Critics say emissions from brown coal derived hydrogen are twice that of natural gas.

The A$500 million ($364 million) project, led by KHI and backed by the governments of Japan and Australia in an effort to cut carbon emissions, was originally due to ship its first cargo a year ago but was delayed by the COVID-19 pandemic.

Electric Power Development (J-Power), which is in charge of producing the project’s hydrogen, said it has tested using biomass with coal to help offset CO2 emissions while it aims to implement carbon capture utilization and storage (CCUS) in the future to make hydrogen that is completely CO2-free.

The KHI-built Suiso Frontier tanker eventually left Australia this year on Jan. 25 and arrived in Kobe, western Japan, a month later, the consortium said, adding it had unloaded its cargo of hydrogen by the end of February.

“The demonstration covered from production and transport to loading and storage proved that the technological foundations have been laid for the future use of hydrogen as an energy source in the same way as liquefied natural gas (LNG),” Motohiko Nishimura, KHI’s executive officer, told reporters.

KHI aims to replicate its success as a major LNG tanker producer with hydrogen, which is seen as critical by Japan to decarbonise industries that rely on coal, gas and oil and to achieving net-zero emissions by 2050, while Australia aims to become a major exporter of the fuel.

“Equipment and facilities that can be operated safely is also a game-changing technology for the clean energy business,” KHI’s Nishimura said.

In addition to KHI and J-Power, the consortium includes Shell’s Japanese unit, Iwatani Corp, Marubeni, Eneos Holdings and Kawasaki Kisen Kaisha.

The partners did not disclose a cost structure for the project, saying it was aimed at proving feasibility and safety. KHI said it aims to build a much larger hydrogen vessel in mid-2020s and to commercialize the business in the early 2030s.

Source: Reuters

Related Posts


Finance & Economy
Shipping News

Oaktree looking at block sale of existing shares in Hafnia Limited

OCM Luxembourg Chemical Tankers S.à r.l. which is ultimately controlled by funds managed by Oaktree Capital Management L.P. (the "Seller") has retained Fearnley Securities,...

John Fredriksen Increases Stake in Euronav

Norwegian billionaire John Fredriksen has once again increased his stake in Belgian tanker company Euronav in wake of Frontline’s termination of its combination agreement...

First Citizens Bank Arranges $44.2 Million of Debt Financing for Navios Partners

First Citizens Bank announced that its Maritime Finance group, part of the CIT division, served as sole lead arranger on $44.2 million in debt...

Eagle Bulk Appoints Kate Blankenship to Board of Directors

Eagle Bulk Shipping Inc., one of the world’s largest owner-operators within the midsize drybulk vessel segment, announced that it has appointed A. Kate Blankenship...

Golar LNG: Unwind of majority of TTF hedges of 2023 and 2024 Dutch Title Transfer Facility exposure

Golar LNG Limited (“Golar”) announced that it has unwound the majority of its swap arrangements for its Dutch Title Transfer Facility (“TTF”) linked production...

Cyprus shipping making waves – report

Cyprus shipping, the steady driver of the economy, is sailing for better times, having...

Baltic index hits fresh multi-year lows on capesize dip

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk...

Baltic index falls for seventh session on lower capesize demand

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk...

Baltic index hits fresh 2-1/2-year low as larger vessel rates slip

The Baltic Exchange’s main sea freight index extended losses to a sixth straight session...

Baltic index down for fifth day on lower vessel rates

The Baltic Exchange’s main sea freight index fell for the fifth straight session on...

Port of Long Beach Closes 2022 with Second-Busiest Year

The Port of Long Beach marked its second-busiest year on record by moving 9.13 million twenty-foot equivalent units in 2022, allowing for a return...

Hapag-Lloyd AG acquires share in J M Baxi Ports & Logistics Limited

Hapag-Lloyd AG signed a binding agreement today under which it will acquire 35% of J M Baxi Ports & Logistics Limited (JMBPL) from a...

Nigeria opens ‘game changer’ billion-dollar deep seaport

Nigeria opened a billion-dollar Chinese-built deep seaport in Lagos on Monday, which is expected to ease congestion at the country’s ports and help it...

SC Ports handles nearly 3 million TEUs in record 2022

South Carolina Ports had a record 2022 with the most containers ever handled at the Port of Charleston. SC Ports moved nearly 2.8 million TEUs...

January oil loadings from Russia’s Baltic ports set to jump 50% vs Dec

Urals and KEBCO crude oil loadings from Russia’s Baltic ports of Primorsk and Ust-Luga in January are set to rise by 50% from December...