Consortium To Build ‘World’s First’ Hydrogen-powered High-speed Vessel

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TECO 2030 ASA, Umoe Mandal and BLOM Maritime have received up to 5 million NOK funding to develop a hydrogen powered high-speed catamaran, reports Market Watch.

Hydrogen powered high-speed catamaran

In a statement, the companies said the vessel will combine fuel cell systems from TECO 2030 and an energy-efficient catamaran design with SES technology from Umoe Mandal. The vessel will have the capacity to transport 200-300 passengers at speeds above 35 knots while sailing over long distances.

Tore Enger, Group CEO of TECO 2030, commented: ‘We are humble and proud to be qualified for developing the high-speed vessel of the future, powered by hydrogen and TECO 2030 Fuel Cells. This proves our ability to lead advanced vessel developments and design either it is retrofit or newbuilds through our maritime expertise.’

High-speed vessel of the future

The funding comes from the ‘High-speed vessel of the future’ project, supported by the Norwegian county municipalities of Finnmark, Nordland, Trøndelag and Vestland. The grouping of TECO 2030 ASA, Umoe Mandal and BLOM Maritime is one of the three qualified consortia.

The contract contains two phases, where the consortia in 2022 and 2023 will first develop and get their solutions approved. In the next phase, one supplier will be chosen to build and demonstrate the newly developed vessel. The vessel will be in pilot operation from 2025.

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Source: Market Watch