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Norway’s LH2 Shipping on Tuesday (16 June) said it has been awarded Enova support of NOK 344.3 million (USD 36 million) for the development and construction of two additional liquid hydrogen-powered bulk carriers. With the latest award, LH2 Shipping is now involved in the development of six hydrogen-powered bulk carrier projects. The announcement builds on previous Enova-supported vessel initiatives and reflects growing momentum for liquid hydrogen as a viable fuel alternative for short-sea shipping to meet decarbonising policy goals. The new projects represent a continuation of LH2 Shipping’s long-term strategy to establish commercially viable hydrogen-powered vessels while contributing to the development of the supporting fuel and bunkering infrastructure required for large-scale adoption. “This award is an important strategic milestone for LH2 Shipping,” stated Ivan Østvik, CEO of LH2 Shipping. “It strengthens our position as a developer of liquid hydrogen-based zero-emission vessel solutions and brings us yet another step closer to our ambition of enabling a substantial fleet of hydrogen-powered vessels that can help establish a complete maritime liquid hydrogen value chain.” Since introducing the world’s first hydrogen-powered bulk carrier projects, LH2 Shipping has focused on moving beyond demonstration concepts toward commercially deployable vessels. The addition of vessels five and six further expands the project portfolio and supports continued industrial learning across ship design, fuel systems, operations, and infrastructure. The Enova support will indirectly enable LH2 Shipping to continue their work developing additional zero-emission solutions for passenger transport and offshore operations, supporting Norway’s broader transition toward a low-emission maritime sector. “If we are to succeed in the transition to low and zero emission solutions in the maritime sector, we depend on players who dare to go first. LH2 Shipping shows how shipping compan
LH2 Shipping wins Enova funding for two more liquid hydrogen-powered bulk carriers
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