Wärtsilä’s decarbonisation focus emphasised with Approval-in-Principle for GEVs pilot hydrogen vessel

The technology group Wärtsilä's cooperation with the Australian energy transportation company Global Energy Ventures (GEV) has resulted in GEV successfully obtaining Approval-in-Principle (AiP) for its pilot scale 430 tonne C-H2 Carrier vessel. The AiP was awarded by the American Bureau of Shipping (ABS) in early October 2021.

The pilot compressed hydrogen vessel is a highly functional Handymax sized gas carrier designed to advance the commercialisation of green hydrogen projects. Wärtsilä has worked in close cooperation with GEV's ship designer to develop the optimal propulsion solution using highly efficient Wärtsilä dual-fuel engines powering two electric drive fixed-pitch propellers. The work was carried out under a Memorandum of Understanding (MoU) signed by the two companies earlier this year.

"Marine storage and transport solutions are required for hydrogen to contribute to global decarbonisation ambitions. GEV views the compressed hydrogen ship as a means to provide efficient, safe, and cost competitive regional marine transportation for hydrogen, and we thank Wärtsilä for its valuable support in making this project a success," says Martin Carolan, GEV's Managing Director and CEO.

"The AiP represents an important milestone in bringing this concept to realisation. Our involvement allows us to further leverage our technology and experience in the development of future fuels to decarbonise ship operations. This is fully in line with our commitment and strategy to support our customers in achieving a sustainable and carbon-free future," says Petteri Saares, Sales Director, Wärtsilä Marine Power.

Compression delivers a proven, simple, and efficient method for transporting green hydrogen. Both GEV and Wärtsilä believe that the compressed hydrogen vessel project will eliminate technical barriers to marine hydrogen transport, and deliver a solution that is superior to currently available alternatives.

Media contact for more information on this release:

Ms Marit Holmlund-Sund General Manager, Marketing Communications Wärtsilä Marine Power Mobile [phone] [e-mail]

Image caption: GEV's pilot compressed hydrogen vessel features an efficient Wärtsilä propulsion solution, The ship will advance the commercialisation of green hydrogen and support the industry's decarbonisation efforts. ©Global Energy Ventures (GEV)

All Wärtsilä releases are available at https://www.wartsila.com/media/news-releasesand at http://news.cision.com/wartsila-corporationwhere also the images can be downloaded.

Wärtsilä Marine Power in brief Wärtsilä Marine Power leads the industry in its journey towards a decarbonised and sustainable future. Our portfolio of engines, propulsion systems, hybrid technology, and integrated powertrain systems deliver the reliability, safety, and environmental performance that Wärtsilä's Smart Marine vision encompasses. We offer our customers performance-based agreements, lifecycle solutions, and an unrivalled global network of maritime expertise. www.wartsila.com/marine

Wärtsilä in brief: Wärtsilä is a global leader in smart technologies and complete lifecycle solutions for the marine and energy markets. By emphasising sustainable innovation, total efficiency and data analytics, Wärtsilä maximises the environmental and economic performance of the vessels and power plants of its customers. In 2020, Wärtsilä's net sales totalled EUR 4.6 billion with approximately 18,000 employees. The company has operations in over 200 locations in more than 70 countries around the world. Wärtsilä is listed on Nasdaq Helsinki.​ www.wartsila.com