Provaris Energy plans to have its first H2Neo carriers operational to underpin its Tiwi H2 hydrogen production and export plans, which are scheduled to be begin in 2027.
Provaris Energy (ASX: PV1) has hit a major milestone after securing the world’s first design approval for a compressed hydrogen carrier – with large-scale shipping scheduled to begin in 2026.
The American Bureau of Shipping (ABS) has completed its review of Provaris’ 26,000 cubic metre H2Neo compressed hydrogen ship, and verified and approved the design.
According to Provaris chief technical executive Per Roed, the approval is the result of extensive design and engineering works and was completed on time and under budget.
The H2Neo is also the first of its kind to receive this level of approval from the ABS – maintaining Provaris’ first-mover status in developing an integrated compressed hydrogen…