Clarksons Specialised Products is pleased to announce that it has signed a Memorandum of Understanding (MoU) with Hydrogenious LOHC Technologies, a German pioneer in Liquid Organic Hydrogen Carrier (LOHC) technology, to collaborate on a roadmap to establish a maritime supply chain for the bulk transportation of green hydrogen in chemical tankers using Hydrogenious’ LOHC technology, according to an article published on their website.
Key objective
Clarkson Specialised Products division prides itself on its leading insights and global coverage of the chemical tanker market. Through collaboration and their position as brokers, Clarksons will impart its experience and knowledge to inform shipping strategies, guide regulatory frameworks, and facilitate innovative solutions that align with Hydrogenious’ key objective: to enable the large-scale commercialization of clean hydrogen. The division’s partnership with Hydrogenious reflects Clarksons’ commitment to enabling global trade and leading positive change by promoting wide-scale access to clean hydrogen and the progression it can bring to reaching decarbonization goals.
Hydrogenious facilitates the safe and cost-efficient long-distance transport of hydrogen by chemically binding the molecules to an LOHC, the thermal oil benzyl toluene. The fluid can be safely stored and transported via the existing chemical tanker fleet. At its destination, the hydrogen is released on demand in high purity and can be used by industrial off-takers, for energy and mobility. With LOHC release units on board hydrogen-powered ships, there is potential to use the LOHC technology for safe and easy handling of hydrogen as a fuel, contributing to the decarbonization of the maritime industry.
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Source: Clarksons
