(Boursier.com) — Shell International Trading and Shipping Company, Shell’s maritime center of expertise offering specialist solutions in craftsmanship, insurance, technology and innovation, and GTT announced their cooperation to develop advanced technologies for transporting liquid hydrogen (LH2). Enough to raise GTT by 1.5% to 81.80 euros on Tuesday.
This cooperation agreement is an integral part of Shell’s strategy to develop a hydrogen supply chain based on scalable and safe liquefied hydrogen transport technologies. It is in this perspective that GTT will design the preliminary design of a hydrogen generator, as well as that of the containment system intended for a medium-sized hydrogen generator.
The demand for hydrogen is expected to increase in many sectors, in response to the growing need for net zero emissions energies as part of the energy transition. The transport of large volumes of hydrogen in liquefied form, at -250oC, is one of the technological challenges to be met in order to set up a reliable, efficient and competitive hydrogen supply chain.
“The growth prospects for hydrogen will lead to transport needs, this being particularly complex” comments Portzamparc for whom GTT’s expertise in cryogenic gas transport makes it legitimate to position itself on this promising market… What to stay in the purchase by aiming for a course of 88.70 euros on the file.
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