GAC joins Norway’s HyValue project to develop hydrogen bunkering

Shipping agent GAC Norway says it will share its expertise and knowledge of low- and zero-carbon marine fuels to develop storage, handling and bunkering technologies for hydrogen in Norway.

PHOTO: Aerial view of Norway's Port of Oslo. Port of Oslo

HyValue is an initiative by the Norwegian government to fast-track the country's transition to low-emission fuels. The Norwegian Research Centre (NORCE) is leading the project which is sets out to build knowledge and technologies to make hydrogen-fuelled bunkering and shipping possible.

One of the key objectives of HyValue is to develop mass production of hydrogen and ammonia, while minimising energy loss and overall costs. They also aim to create safe and resilient hydrogen transportation.

In a recent study, shipping classification society DNV highlighted limited cargo shipping capacity for hydrogen as a bottleneck to scaling its distribution and use.

GAC Norway says that large-scale storage and handling facilities are required to make hydrogen more widely available as it needs to be regasified from a cryogenic liquid form.

The Norwegian government will contribute NOK15 million ($1.5 million) annually towards the HyValue project until 2030.

Global bunker supplier GAC Bunker Fuels has set an ambitious target to completely stop selling conventional oil-based bunker fuels by 2030.