TECO 2030 ASA launches hydrogen powered tanker concept, Hy-Ekotank, together with its partners Ektank AB, Shell Shipping and Maritime, and DNV. The hydrogen powered tanker will allow zero emission at berth, and up to 100% reduction of GHG emissions during voyage. This pioneering concept could become a first mover in this maritime shipping segment and contribute to the developments of achieving the ambitious climate targets committed by the European Union.

As part of the European Green Deal, the EU has committed to reducing GHG emissions by 55% by 2030, and a binding target of achieving climate neutrality by 2050. Under the `Fit for 55 package' the EU is currently developing its climate, energy and transport- related legislation to align current laws with the 2030 and 2050 ambitions. It is therefore a great and ever-increasing need for technological innovation in zero-emission solutions developed for maritime transport, in particular for retrofitting of existing ships.

Switching from traditional petroleum-based marine fuels to zero-carbon alternatives such as hydrogen can drastically shrink shipping's climate impact.