A memorandum of understanding (MoU) between Mitsui OSK Lines (MOL) and Kansai Electric Power Co (KEPCO) in Japan aims to transform the marine transport of liquefied hydrogen, essential for the rising hydrogen economy. The collaboration concentrates on creating operational environments for hydrogen carriers, focusing on safety and overcoming regulatory hurdles. It is in line with an International Chamber of Shipping (ICS) report advocating for 300 hydrogen carriers by 2030 to meet EU objectives. Professor Stefan Ulreich, author of the ICS report, highlighted the potential requirement of up to 411 new vessels to support a 30M tonnes global increase in hydrogen trading. The demand for hydrogen to decarbonize hard-to-abate sectors is a driving force behind this collaboration, which includes feasibility studies, technical designs, and regulatory alignment to facilitate hydrogen's integration into global energy systems. These carriers are deemed essential in completing hydrogen's value chain, emphasizing safety, efficiency, and affordability. Innovative concepts like compressed hydrogen carriers and ammonia-based solutions are also emerging alongside this partnership, reflecting progress towards establishing infrastructure for the widespread adoption of this clean fuel.