EU Invests €40 Million in Energy Observer’s Hydrogen-Powered Cargo Ship

Is the maritime industry finally embracing a zero-emission future?  In a significant move towards sustainable shipping, the European Union has allocated €40 million to Energy Observer for the development of a liquid hydrogen-powered cargo vessel. This funding, awarded through the EU Innovation Fund, underscores the bloc’s commitment to decarbonising hard-to-abate sectors. Energy Observer, renowned for … Continue reading EU Invests €40 Million in Energy Observer’s Hydrogen-Powered Cargo Ship