TECO 2030, PGS sign supply agreement for fuel cell-powered deep-sea shipping

TECO 2030 and Pherousa Green Shipping (PGS) have signed a supply agreement for up to six Ultramax dry bulk carriers of about 63,000 deadweight tons each. Each vessel will be equipped with 12 MWs of TECO 2030 fuel cells for main propulsion onboard, enabling 100% emission-free operations.

The delivery for TECO 2030 includes a complete system of fuel cells installed on a skid solution as well as power and automation equipment and is estimated to start shipment to shipyard by early-2026, with delivery in mid-2026. The fuel cell system will go into production at the company’s Innovation Center in Narvik, Norway, at the end of 2024. The first vessel is targeted for delivery in Q1 2027.

The TECO 2030 fuel cell system will be installed in combination with Pherousa Green Technologies’ ammonia-to-hydrogen cracker. Bunkering ammonia and cracking to hydrogen on board the vessel will solve the present storage and infrastructure challenges of hydrogen as a marine fuel and thus paving the way for zero emission deep-sea shipping.

Opting for hydrogen fuel cells in combination with an ammonia cracker allows shipowners to commence with ammonia and transition to hydrogen whenever desired, minimizing the investment risks. This approach does not only position ammonia as a viable hydrogen carrier but also enables its economic trade as a preferred fuel in shipping and complementing its traditional role in the chemical and fertilizer sector.

“We are excited to team up with TECO 2030 and incorporate their Fuel Cell solution together with our own Cracking technology, permitting the Pherousa newbuildings to be the first ever fully electric deep-sea vessels on water,” said Hans Bredrup, Chairman of the Pherousa group. He further commented: “The technology combination between TECO 2030 and Pherousa doesn’t only reduce the ammonia consumption versus the ammonia fueled Internal Combustion Engines currently being developed, it also avoids burning Ammonia together with Carbon based pilot fuels.”

Tore Enger, TECO 2030’s Group CEO, added: “We are proud to sign a firm supply agreement for six vessels with Pherousa Green Shipping, they are a young forward-thinking shipowner who wants to realize zero emissions deep-sea shipping. Pherousa is an exciting company, with a clear vision of proving that hydrogen and ammonia can be utilized to fuel tomorrow’s deep-sea vessels.”

HTW Editorial Team

HTW Editorial Team

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