European Union completes comprehensive study regarding the transport of hydrogen. Key findings are supportive for compressed H2 shipping.
- To achieve the objectives of the EU Hydrogen Strategy, access to sufficient amounts of renewable hydrogen at low cost will be essential in the coming years.
- Set against renewable hydrogen production costs of EUR 1.5- 3.5 /kgH2, the contribution of hydrogen delivery costs to the final hydrogen price is not negligible.
- Case A was based on the delivery of 1 million tonnes of renewable hydrogen per year to a single industrial customer, with a transport distance of 2,500 km.
- The hydrogen delivery costs calculated for case A (See Figure 1) suggest that transport options based on compressed gas (by ship or by pipeline) are the most competitive solution.
- For LOHC and ammonia, packing and unpacking costs dominate, while transport costs represent a small fraction of the total. This indicates that they could be cost competitive for distances longer than the 2,500 km considered in case A
- Unpacking chemical carriers accounts for a significant share of their total cost, mostly due to the processes’ high energy demand and the fact that unpacking plants are likely to be placed in locations with a relatively high electricity price.
- The most cost effective way to deliver renewable hydrogen depends on distance, amount, final use, and whether there is infrastructure already available. There is no single optimal hydrogen delivery solution across every transport scenario.
- Research and key findings are supportive of a compressed H2 shipping solution, and consistent with the outcomes of GEV’s Scoping Study released on 1 March 2021.
Martin Carolan, GEV Managing Director and CEO commented: “The European Commission has undertaken extensive research highlighting the requirement for low-cost and efficient transport carriers are required to support the large demand of renewable hydrogen needed to satisfy the EU Hydrogen Strategy.
This research demonstrates the outcomes of GEV’s Scoping Study in March this year were accurate and it highlights the benefits of compression in delivering one of many viable transport solutions required for the hydrogen economy to succeed.
GEV’s compressed shipping solution (C-H2) was specifically designed to minimise the impact of high energy costs and losses each time you handle the product, otherwise you need to build incredible scale in your solution just to reduce the overall transport costs.”
Related News.
ISLAND OIL: Unveiling of the Sculpture “Cyprus’s Journey Through the Ages” in Protaras – A Tribute and Landmark to Cyprus’s Historical Memory and Cultural Heritage
In a modest ceremony marked by a moving atmosphere, the sculpture “Cyprus’s Journey Through the Ages”, created by acclaimed Cypriot sculptor…
World Maritime Day 2026 from Policy to Practice – powering Maritime Excellence
Global regulations will deliver safer, more resilient shipping when they are implemented worldwide. The international maritime community marks…
Diana Shipping announces Time Charter Contract for m/v DSI Polaris with Dai An Ocean Shipping
Diana Shipping , a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that, through a…
Chief Economists Expect Global Economy to Stabilize, but Fiscal Constraints, Rising Living Costs and AI Investment Uncertainty Threaten Growth
The global economy is stabilizing, but the fiscal support that cushioned successive shocks since 2020 is unlikely to play the same role in the year…
V. welcomes its new graduate cohort as programme expands across the group
Twelve graduates from nine nationalities join 11th year of V.’s expanded international management programme. V., the global ship manager and marine…
From Policy to Practice: Why Seafarers Are the Key to Maritime Excellence
The shipping industry is no stranger to regulation. Seafarers and ship operators work within a vast framework of international conventions, national…
Intermodal Report – Week 38 2026
Please find below the Intermodal market report for week 38 2026. Intermodal Report Week 38 2026 Market Insight By Nikos Tagoulis, Head of…
Allied – Weekly Market Review – Week 38
Please find below the Allied Weekly Report for Week 38 | 2026 ALLIED - Weekly Market Report- Week 38
Record year on the Northeast Passage but Arctic shipping remains very limited
In 2025, a record 103 transit voyages were made via the Northeast Passage. However, this is still equivalent to only around a day and a half of…
[xclusiv] S&P Report 21th September 2026
Please find below the [xclusiv] latest Weekly S&P Report [xclusiv] 2026_09_21 Market Commentary: VLCCs: Freight Boom Reprices the Fleet The VLCC…
Subscribe to our newsletter!
if you dont want to swim alone in the ocean of news, sign up for the newsletter, and you will receive daily all the important news of world shipping!
