Advancing the Hydrogen Economy in the Maritime Sector: A Regional Perspective
Key Ideas
  • Hydrogen-based fuels are seen as a key option to reduce emissions in the maritime industry, with regions like Asia-Pacific and Africa showing immense potential in the hydrogen economy.
  • Building interlinked hydrogen supply chains across nations in these regions can support energy transition needs and contribute to decarbonisation efforts in shipping.
  • Effective policies and financing mechanisms are crucial to scale up hydrogen production and distribution, with a focus on advancing clean fuel supply development across busy shipping corridors.
  • Stakeholder engagement and collaboration between sectors will be vital in propelling the transition towards a sustainable hydrogen-powered future, with discussions and initiatives ongoing to set global standards for decarbonisation.
As the maritime industry faces increasing pressure to decarbonise globally, hydrogen-based fuels are emerging as a key solution to reduce emissions. Dr. Carlo Raucci from Lloyd's Register emphasizes the need for global cooperation to address this challenge, particularly in countries across Asia-Pacific and Africa that show significant potential in the hydrogen economy. The dialogue at the Maritime Fuel Supply Dialogues highlighted the importance of building interlinked hydrogen supply chains to support energy transition needs in the region. Efforts are being made to unlock investments by establishing effective policies and financial support, ensuring accelerated development of hydrogen-based fuels for maritime use. Stakeholder engagement is considered crucial for the successful adoption of hydrogen at scale, with collaboration between maritime, finance, and energy sectors essential in creating the necessary conditions for transition. The dialogue also underlined the importance of regional collaboration, emphasizing the roles of fuel exporters, bunkering hubs, and demand centers in achieving economies of scale for a sustainable hydrogen-powered future. The upcoming Global African Hydrogen Summit aims to further these discussions and set standards for decarbonising the maritime sector, with an emphasis on inclusive participation from key stakeholders.
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