Plagazi AB (publ) announced project with Gotlandsbolaget's next-generation hydrogen-powered maritime transport vessels to utilize Plagazi's hydrogen as fuel and enable Gotlandsbolaget's Destination Zero initiative, working towards climate-neutrality by 2045. Gotlandsbolaget is currently developing their Gotland Horizon series, vessels with the capability to be run on hydrogen, which marks Sweden's first project for large-scale hydrogen-powered transport of passengers and cargo by sea. The series consists of two ships, the Gotland Horizon, and the Gotland Horizon X, which will both be staples in their strategy to become a zero-emissions transport company by 2045 through their initiative Destination Zero.

Plagazi and Gotlandsbolaget will evaluate the possibility of supplying sustainable and circular hydrogen from Plagazi waste-to-hydrogen production plants to key sites for Gotlandsbolaget's operations. The collaboration will involve Plagazi's production of circular and sustainable hydrogen from locally sourced difficult-to-treat waste and aims to facilitate convenient and cost-effective supply of the fuel. This collaboration between the parties comes as a natural next step after Gotlandsbolaget's investment into Plagazi in 2022, with which they acquired 10% of the company.

The collaboration also marks a step forward in establishing diversified fuel supply for large-scale sustainable maritime transport solutions in the Baltic Sea and is a landmark step in the direction of introducing Plagazi's sustainable and circular hydrogen as a reliable industrial fuel for heavy maritime transports.