Shipping is vital to trade and economies worldwide but is sector where emissions are considered hard-to-abate. Under the agreement, Shell International Trading and Shipping Company Ltd (Shell), Korea Shipbuilding & Offshore Engineering Co., Ltd. (KSOE), Det Norske Veritas (DNV) and Doosan Fuel Cell Co., Ltd (DFCC), agreed to launch a vessel powered by a HyAxiom-developed Solid Oxide Fuel Cell (SOFC) in 2025. The agreement underscores fuel cell technology’s potential in decarbonising the marine transportation industry and the role that HyAxiom can play in helping major industry players achieve their climate goals. “Fuel cells are a critical technology to cut carbon emissions and help us combat climate change at scale” said Jeff Hyungrak Chung, President & Chief Executive Officer of HyAxiom. “HyAxiom is proud to partner with Shell to demonstrate the viability of solid oxide…
Miscellaneous – HyAxiom signs agreement with Shell to decarbonise shipping industry with solid oxide fuel cells
