LH2 Shipping gets government grant for two more hydrogen vessels

Bergen-headquartered LH2 Shipping has ordered two additional hydrogen-powered bulk carriers, bringing its total orderbook to six vessels.

IMAGE: Concept of liquid hydrogen-capable bulk carriers as part of Strandbulk project. LH2 Shipping

The company has secured a NOK 344 million ($36 million) grant from Enova, the Norwegian government's clean technology funding body, for the latest order.

The vessels form part of the company's Strandbulk project, which plans to build and commission two 7,700-dwt bulk carriers for short-sea shipping between Norway and Baltic ports.

Each vessel will be equipped with hydrogen fuel cells for main propulsion, an auxiliary diesel generator and shore power capability, the company said, without disclosing the delivery timeline for the vessels.

LH2 Shipping said the vessels will bunker liquid hydrogen in the Norwegian port of Mosjøen, with fuel supplied by Gen2 Energy.

"With expected increases in CO2 emissions charges, the EU ETS, together with the FuelEU Maritime scheme, is expected to minimise the cost gap between traditional and alternative fuels," the company said.

By Konica Bhatt

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