UK-based hydrogen marine technology firm H2Terminals has entered a partnership with maritime insurer London P&I Club to develop green hydrogen shipping insurance solutions. The Memorandum of Understanding (MoU) between the two companies aims to evaluate and create insurance frameworks for the maritime transport of green hydrogen. H2Terminals plans to produce green hydrogen on floating barges in the UK's Thames Estuary, using electricity from an offshore energy island. The transportation of the green hydrogen will be facilitated by liquid hydrogen carrier vessels powered by hydrogen. London P&I Club will work on tailored insurance solutions for H2Terminals' hydrogen-powered vessels, storage systems, and onboard fuel cells. The partnership's objectives include assessing insurance requirements, evaluating risk factors related to green hydrogen marine transportation, and establishing best practices for insuring bulk liquid hydrogen transportation. The collaboration is seen as a significant step towards achieving sustainable shipping practices, setting new safety and reliability standards in the clean energy sector within the maritime industry. The move towards green hydrogen shipping insurance reflects a broader trend of increasing focus on decarbonisation efforts in the maritime sector, aiming to align with climate targets and promote greener technologies for maritime transport.