GEV Launches 2022 Hydrogen Ship Development Program
Key appointments announced for next phased of detailed engineering for compressed hydrogen ship
Australian hydrogen development company, Global Energy Ventures has announced key appointments in the next phase of detailed engineering for the compressed hydrogen ship.
Martin Carolan, GEV’s Managing Director and CEO, commented: “The appointments of Capilano and Wartsila will continue on from the successful concept design phase in 2021 which resulted in the receipt of Approval in Principle for both the 430 tonne and 2,000 tonne ships. Capilano and Wartsila will continue to work with our naval engineering team based in Canada.”
The AiP was awarded by the American Bureau of Shipping (ABS) in early October 2021.
Carolan said the engineering program in 2022 is key to achieving Approval for Construction in the first half of 2023, which he said would ensure its goal of first hydrogen exports from GEV’s Tiwi Hydrogen Project in 2026.
GEV has appointed Clarkson Platou as the company’s ship broker to support its discussions with shipyards for the selection of a construction partner.
The appointments of Capilano and Wartsila are to advance the previously completed concept design to a detailed Contract Design Package (CDP). The CDP, alongside ABS Approval in Principle, will enable GEV to mature discussions with shipyards of interest and engage in effective discussions and negotiations with regards to design features, costs and construction schedule.
Capilano will also provide support to GEV in the next phase of Class Approvals with ABS. Approval for Construction will be the pre-curser to the finalisation of a newbuild ship contract, which will coincide with financial close on a compressed hydrogen project.
Wartsila will continue to support GEV, under the MOU entered into in June 2021, to develop the electric drive propulsion systems and the option of using hydrogen blended fuels.
GEV plans to have a two-stage testing program in 2022, to run in parallel with the engineering program. Stage 1 will involve a series of tests relating to material selection and weld qualification to optimise the construction of the Stage 2 Prototype Tank. GEV has commenced procurement of the carbon steel and stainless steel plate material in preparation for Stage 1 testing in the second quarter of 2022.