4.2.2021 14:56:55 CET | TECO 2030 ASA | Additional regulated information required to be disclosed under the laws of a member state

(Lysaker, 4 February 2021): TECO 2030 ASA (OSE-Ticker: TECO) is pleased to announce a partnership with Thecla Bodewes Shipyards in Holland to develop zero emission hydrogen-based fuel cell propulsion on all types of river going vessels, such as push tugs, dredgers, passenger and cargo ships and low-profile coasters.

TECO 2030 ASA has signed a Strategic Cooperation Agreement with the Dutch Thecla Bodewes Shipyard to develop expertise and competence for the construction of low and zero emission vessels. This is the platform for potential joint projects to develop efficient and safe hydrogen fuel cell river vessels, including manufacturing, installation, testing and common marketing.

For nearly 200 years, Thecla Bodewes Shipyards (tbshipyards.com) have been tailoring ships to its owner’s needs. The yard now sees a strong push for low and zero emission solutions and is committed to delivering this.

“The partnership with Thecla Bodewes enables TECO 2030 to commercialize the TECO 2030 Marine Fuel Cell on newbuilds for inland waterway transport. This is just the beginning of TECO 2030 becoming a major provider of marine fuel cell systems“ says Tore Enger, CEO of TECO 2030 ASA.

“The strategic cooperation with TECO 2030 will enable us to build world-class zero emission vessels, realizing the sustainability goals of our shipyards” says Thecla Bodewes, CEO and owner of Thecla Bodewes Shipyards.

Disclaimer

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Contacts

  • Tore Enger, CEO, +4792083800, tore.enger@teco.no

About TECO 2030 ASA

TECO 2030 (OSE-Ticker: TECO) - powering your zero and low emission ships. TECO 2030 tackles one of the biggest environmental challenges of our time: How to reduce emissions from growing global shipping volumes. The shipping industry can move towards zero emissions by implementing new technologies, with hydrogen-based fuel cells as the ultimate solution. http://www.teco2030.no

Attachments

  • Download announcement as PDF.pdf
  • 040221_TheclaTECOAgreement.pdf

© NTB Norway, source NTB English Regulatory Releases