• 2020 October 15 10:38

    Global Energy Ventures announces development of world first compressed hydrogen ship to export ‘zero carbon’ energy

    Global Energy Ventures Ltd has announced the following details on the development of a new compressed Hydrogen ship design (H2 Ship) to transport clean, renewable energy.

    GEV is positioning as an early mover in the future of energy, leveraging its technical expertise in the engineering of marine pressure vessels to develop a compressed hydrogen ship for export and transport to customers demanding access to zero carbon energy, the company said in its release.

    GEV’s H2 Ship will have a storage capacity of up to 2,000 tonnes (23 million m3) of compressed hydrogen. Smaller capacity ships will be evaluated by GEV for demonstration purposes based on specific pilot export projects.

    The Company anticipates that detailed engineering will be lodged as part of the American Bureau of Shipping (ABS) Approval in Principle process in early 2021.

    Hydrogen is a clean burning fuel that can be produced in several ways, including using renewable energy produced from solar, wind and hydro. Such hydrogen then needs to be transported to industries, providing them with green energy with zero carbon emissions.

    Governments and major oil and gas companies are aligned to accelerate ‘net-zero carbon’ targets, withsignificant stimulus funding and capital expenditure being directed to hydrogen as the pillar for decarbonising the world’s heavy emitting industries.

    Australia leads the world with a National Hydrogen Strategy that includes the establishment of ‘Hydrogen Hubs’ for production and export to the country’s major energy trading partners across the Asia Pacific region.•GEV will focus on Australian export projects, with several projects advancing through pilot phases and now looking to export markets.

    Funding options from existing and newly announced Australian Government R&D programs are being assessed under the Federal Government commitment of A$1.9B to the development of renewable technologies.

    ABOUT GLOBAL ENERGY VENTURES LTD

    Global Energy Ventures Ltd was founded in 2017, with the Company’s mission to create shareholder value through the delivery of integrated marine pressure vessel solutions transporting energy to regional markets. The business model is to build, own and operate integrated energy transport projects for either natural gas or hydrogen. The primary focus is the development of integrated Compressed Natural Gas (CNG) marine transport solutions with the Company’s construction ready CNG Optimum ship. CNG is a well proven gas transport solution with design and commercial advantagesalong with being safe and a ‘lower emission’ solution for the transport of gas than in the form of liquified natural gas (LNG).With the world’s focus on Energy Transition gaining momentum, the Company has also introduced the world’s first Compressed H2 Ship that will support the transport of hydrogen as a green energy fuel of the future. Hydrogen’s role in the future energy mix will greatly assist governments and corporations with their respective ‘net-zero carbon’ targets through the decarbonisation of heavy emitting industries.




2020 October 24

15:47 Ocean transport of the first lot of railway coach to Myanmar completed
14:51 OOCL announces services changes and enhancements on Asia-Europe trade
13:28 Port Authority launches new campaign against litter
12:41 Hapag-Lloyd announces Ocean Tariff rates on East Asia - NEC and Mediterranean trade
11:06 CSD Hussein Tantawy successfully launched at IHC's shipyard in The Netherlands

2020 October 23

18:09 Baltic Data Flows: New HELCOM project seeks to harmonize and harvest environmental data at a pan-Baltic level
17:47 ICS welcomes legally binding agreement to significantly improve carbon efficiency of shipping
17:10 Anti-submarine ship Vice-Admiral Kulakov completes its business call to Greece
16:32 Bollinger Shipyards delivers 41ST fast response cutter to the U.S. Coast Guard
16:05 APM Terminals Poti signs a contract with Poti New Terminals Corporation for the development of dry bulk facility in the Poti Sea Port
15:31 HySHIP project clinches EUR 8M funding award
15:13 Krasnoye Sormovo shipyard launches dry cargo carrier Alfa Mercury
14:50 Self-propelled crane built for RF Navy’s Pacific Fleet arrived in Vladivostok having passed the Northern Sea Route
14:25 Equinor changes chief financial officer
14:06 Membrane technologies of GTT is an optimal solution for gas carriers, LNG bunkering and storage
13:23 MarineMax participates in the Fort Lauderdale International Boat Show
13:05 Wärtsilä selected to power new ‘super ferries’ series for P&O Ferries
12:55 An agreement made to explore the possibilities of green hydrogen export from Iceland to Rotterdam
12:04 Tallink Silja AB is forced to issue redundancy notice to Swedish crew members
11:41 Tallink to become the first shipping company to receive Sustainable Travel Finland label
11:09 Austal to further expand Australia support business through acquisition of BSE Maritime Solutions
10:53 NYK to make Gazocean a wholly owned subsidiary
10:19 Bunker market sees slight change of prices in the Port of Saint-Petersburg, Russia (graph)
09:55 National Gas Vehicle Association to propose priority measures for LNG bunkering support
09:33 Oil prices continue decreasing
09:18 Baltic Dry Index as of October 22
08:49 MABUX: Bunker market this morning, Oct 23
08:19 CMA CGM announces GRR from Asia to West Africa

2020 October 22

19:00 “K”Line online training for seafarers obtained DNV GL certification
18:04 Milaha reports QR 384 million in net profit for the nine months of 2020
17:41 Port of Los Angeles receives $9.9 million infrastructure development grant
17:36 Feasibility report on ship repair cluster development in Arkhangelsk Region to be completed in November 2020
17:29 MABUX releases weekly review of bunker market
17:05 Gothenburg Port Authority CEO becomes the member of newly established Electrification Commission
16:44 ABP’s ports in East Anglia keep agricultural products moving
16:14 ONE adds new service from Asia to Indian Subcontinent
15:50 Bunker prices are flat in the Far East ports of Russia (graph)
15:34 EU awards funding to Kapellskär-Naantali Maritime Bridge environmental initiative
15:04 Environmental Protection Agency signs a proposed rule for reducing the environmental impact of discharges
15:03 ABS and TCOMS join forces to research next generation marine & offshore and maritime solutions
14:44 Floating nuclear power plant covers over 50% of electric energy demand in Chukotka
14:20 The average value of the Ningbo Container Freight index 1 in October increases by 1.2%
14:20 MPA-SSG-WSG joint media release: 1000 traineeships, company attachments and training opportunities for more Singaporeans to join maritime sector
14:03 Global Ports Holding signs sale and purchase agreement for Port Akdeniz
13:57 Port of HaminaKotka specifies minimum requirements for berthing and unberthing services
13:25 Rosmorport's Murmansk Branch performed pilotage of Sedov barque
13:01 Container throughput of Chinese ports still decease slightly in January - September 2020
12:52 Zhigalovo Shipyard lays down fifth ship of Project 3052 for Rechvodput
12:26 MPA-ABS MoU to advance R&D activities in maritime Singapore
12:13 Multi-million-euro project transforms CO2 into green raw material in North Sea Port
11:56 Private investments in infrastructure of Arkhangelsk port totaled RUB 25 billion in 7 years
11:18 Port of Long Beach posts results for in September 2020
11:11 Russian President Vladimir Putin signs order on merging Sevmorzavod into USC
10:07 ZIM offers new service to the UAE
09:58 Sea Port of Saint-Petersburg expands its cargo space
09:36 Oil prices continue decreasing in response to growing US reserves
09:19 Baltic Dry Index as of October 21
09:05 The Grimaldi Group takes delivery of the Eco Valencia and Grande Florida
09:03 MABUX: Bunker market this morning, Oct 22
08:52 MSC Cruises to implement next-generation air sanitation system developed by Fincantieri for the cruise industry