Australian start-up Provaris Energy reports that it is continuing to make progress on its design efforts for a compressed hydrogen gas carrier, says an article published in The Maritime Executive.
Future needs to transport
The company is working on one of numerous proposals in the shipping sector aimed at meeting the future demand for massive amounts of hydrogen gas to be transported.
The vessel is expected to be delivered in 2026, according to Provaris.
Provaris claims that it has signed a Memorandum of Understanding with Northern Marine Management, a part of the Stena AB group of firms, to contribute technical knowledge to the project as the latest step in the process.
Under the terms of the agreement, the firms will form a technological cooperation to support the H2Neo, a compressed hydrogen (GH2) carrier concept, in its continuous engineering and development.
Commercial opportunities
Northern Marine will contribute its naval architecture, marine engineering, regulatory and marine quality assurance, and ship management skills to the H2Neo ship’s development and commercialization.
The creation of detailed engineering is one of the factors that must be handled in order for the vessel to get class and flag approval.
They would assist with shipyard selection, contracting for the newbuilding, compliance certification, and newbuilding supervision in the second stage.
Commercial potential for a fleet of H2Neo carriers will also be examined by Provaris and Northern Marine.
Northern Marine will also provide ship management services on a contractual basis in the future, according to the agreement.
Excellent progress
“The design team for the GH2 Carrier continues to make excellent progress on the final design package for discussions with shipyards, an important milestone to refine our cost and schedule for construction and feed into project studies now in progress,” said Martin Carolan, Managing Director & CEO of Provaris.
Explosive safety studies
The business previously stated that the vessel’s engineering design package would be ready for delivery in June.
They stated that it was currently 70% complete after hiring ABS Consultants to conduct gas dispersion, fire, and explosive safety investigations.
The purpose is to distribute the finished packages to shipyards for construction scheduling and capital cost estimates, as well as to class societies as part of the construction approval process.
Progressed sufficiently
“The H2Neo engineering and design is now progressed sufficiently to commence discussions with Class for the design of testing and approval for construction,” reported Per Roed, Chief Technology Officer of Provaris.
“We are also now integrating port infrastructure designs for our supply chain discussions with ports in Asia and more recently in Europe.”
Infrastructure solutions
The company is also interacting with class societies and beginning preliminary engineering and concept design for port infrastructure solutions required for compressed hydrogen import and export terminals as the project progresses.
One of the ongoing negotiations is with Singapore about the prospect of constructing an unloading dock, as well as assessing existing marine facilities at Port Melville in the Tiwi Islands.
The company also stated that it will produce concept designs for a storage barge that might be utilised as a supply chain extension in the future.
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Source: The Maritime Executive