Compressed Hydrogen Carrier Moving to Shipyard Selection After Class Approval

Australian clean energy company Provaris Energy says it is moving to shipyard selection after receiving class approval for its compressed hydrogen (H2) carrier.

The 26,000 cubic meter H2 carrier design, known as H2Neo, was approved by the American Bureau of Shipping, marking a critical milestone in the development of the innovative and cost-effective multi-layered steel hydrogen tank that will be incorporated into the vessel. The design approval followed the completion of a year-long Front End Engineering Design (FEED) period.

The approval allows shipbuilders to bid on the construction ahead of shipyard selection in early 2023 and eventual delivery in 2026. Provaris Energy has engaged Clarksons to help with the process.

“The success of our FEED design stage and corresponding approval milestone is the result of extensive design and engineering works by Provaris’ team of discipline experts and consultants that have actively contributed to the development of Provaris’ innovative H2Neo hydrogen carrier,” said Provaris’ Chief Technical Executive Officer, Per Roed. “Through our close collaboration with ABS throughout this three-year process, we are confident that our compressed hydrogen carriers can safely and effectively establish the maritime transportation of hydrogen at a time when storage and transport remain key to unlocking markets with ambitions for hydrogen imports at scale from 2026.”

Provaris Energy started on the project in October 2020 and in 2021 was awarded an Approval in Principle from ABS for the H2Neo and the larger H2Max, with 120,000 cubic meter capacity.

“ABS recognizes the potential that hydrogen shows in supporting a sustainable, lower carbon future,” said ABS’ Senior Vice President of Global Engineering and Technology, Patrick Ryan. “Safe and efficient storage and transportation of hydrogen at sea will be critical to the development and viability of the global hydrogen value chain. We have been working closely with Provaris, initially granting AIP in 2021 and subsequently reviewing their comprehensive FEED level package for the H2Neo.”

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