Norway backs new generation of hydrogen-fuelled bulkers

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Norwegian developer LH2 Shipping has secured NOK 344.3 million in funding from Enova to build two additional liquid hydrogen-powered bulk carriers, expanding their hydrogen fuel shipping project to six vessels with total public support exceeding NOK 800 million.

Norwegian developer LH2 Shipping has secured fresh funding from Enova for two additional liquid hydrogen-powered bulk carriers, expanding its project pipeline to six vessels and taking total public support for its hydrogen shipping programme beyond NOK 800m ($74m). The Bergen-based company said it had been awarded NOK 344.3m ($36m) to develop and build two 7,700 …