When fully operational, it will carry up to 2,000 tonnes of fuel at a pressure of 250 bars. This will materialize Australia’s plan to become the world’s leading exporter of green hydrogen.

When it comes to clean energy, Australia has a dream: become the first and largest exporter of hydrogen in the world.

And although the feasibility of this plan remains to be proven, many scientific and industrial projects are moving in this direction.

Projects like that of Global Energy Ventures (GEV), an Australian company that designs ships to transport compressed natural gas. On the strength of its knowledge and experience, the company accepted a new challenge: to build world’s first compressed hydrogen transport ship.

We are pleased to announce the company’s strategy dedicated to the development of a new class of ships for the transport of hydrogen by sea. The GEV considers Australia as the world leader in the definition of a national plan and an industry ”for the transport company through“ significant existing funding programs ”.

Maurice Brand, CEO and Executive Chairman.

As Brand pointed out, the country has also entered into agreements for the future export of zero-emission fuel to Japan, South Korea, Singapore and, more recently, Germany.

The Australian government and European countries have pledged to provide a significant financial stimulus to accelerate climate change policy and directly apply funding and policy support to the entire hydrogen supply chain, including growth export markets.

Martin Carolan, Executive Director of Business and Finance.

The new compressed hydrogen transport vessel – named Nave H2 – will be developed in accordance with American Bureau of Navigation (ABS) standards and guidelines.

The ship and its cargo containment system are in the patent phase and the company expects extensive protection. In particular, the containment system will transport fuel at an ambient temperature and target pressure of 245 atmospheres. When fully operational, it will have a storage capacity of 2,000 tonnes of hydrogen.

Detailed engineering and design plans will be presented as part of the ABS approval process in principle in early 2021.

GEV is convinced that its future compressed hydrogen transport vessel will be eligible for Australian research and development funding.