We also design, own and operate a fleet of innovative vessels to decarbonise maritime activities in and around port areas.

These hydrogen-powered vessels, include two ferries: Hydroville and Hydrobingo, and a tugboat: Hydrotug 1. The Hydroville, built in 2017, and the Hydrobingo, built in 2021, are the world's first hydrogen-powered ferries. The Hydroville is operating out of Europe and the Hydrobingo out of Japan (through the joint-venture JPNH2YDRO). They are both powered by dual fuel hydrogen-diesel high speed engines.

The Hydrotug 1, built in 2022-2023, is the world's first hydrogen-powered tugboat. The ship is a tractor tug with a bollard pull of 65 tonnes and is operated by the Port of Antwerp-Bruges. We have a dual fuel hydrogen-powered multifunctional port utility vessel (MPHUV) on order.

Tugboats are crucial for port operations globally, aiding in ship manoeuvring and cargo movement. Ports are increasingly adopting greener technologies to cut greenhouse gas emissions. The Hydrotug 1, the world's first dual fuel hydrogen-powered tugboat, sets a precedent for decarbonising port operations. It highlights the viability of hydrogen as a clean energy source in the port environment and wider maritime sector.

With increasing concerns about climate change, demand for dual fuel hydrogen tugboats is also growing worldwide. Tugboats typically use medium speed diesel engines, which are suitable for dual fuel technology. The components are already proven in other industries, resulting in a low-risk solution for tugboat owners and operators. These vessels have the potential to revolutionize port operations, aligning with emission reduction goals and regulatory mandates.