Clarksons Specialised Products is pleased to announce that it has signed a Memorandum of Understanding  with Hydrogenious LOHC Technologies, a German pioneer in Liquid Organic Hydrogen Carrier  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.

Clarksons 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, provide guidance on 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 benzyltoluene. The fluid can then 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 offtakers, for energy and for 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.