DNV: LNG dominated 2024 orders for alternative-fueled vessels

Confirming a trend recently noted by Clarksons, the latest data from DNV’s Alternative Fuels Insights (AFI) platform shows that 2024 drove a significant rise in orders for alternative-fueled vessels. Even without counting in LNG carriers, 515 alternative-fueled ships were ordered, a 38% year-on-year increase on 2023.

The trend has been heavily driven by the container and car carrier newbuild boom over the last three years. In 2024, 69% of all containership orders were for ships capable of being...

https://www.marinelog.com/news/dnv-lng-dominated-2024-orders-for-alternative-fueled-vessels/

Hyzon plans to liquidate business

Hyzon Motors Inc., a company once celebrated for its strides in the hydrogen fuel cell arena, is now at a crossroads.

On Thursday, the board of directors approved, pending stockholder consent, the transfer of nearly all of the company’s assets, coupled with a plan for liquidation and dissolution, according to a filing with the Securities and Exchange Commission. The move comes as Hyzon continues to explore strategic alternatives aimed at maximizing its business and asset values.

Despite efforts...

https://www.freightwaves.com/news/hyzon-plans-to-liquidate-business

Nikola leader talks future of hydrogen-powered trucks in US

Nikola Corp. (NYSE: NKLA) leader Ryan Clayton said the rising demand for hydrogen could require as many as 50 fueling stations in the next three years to meet the need. 

Speaking with FreightWaves CEO Craig Fuller at FreightWaves’ F3: Future of Freight Festival, Clayton discussed the future of hydrogen in trucking. Nikola, which is working to build solutions for a zero-emission world, offers both hydrogen and electric Class 8 trucks. The company also developed HYLA to distribute hydrogen.

“That’s...

https://www.freightwaves.com/news/nikola-leader-talks-future-of-hydrogen-powered-trucks-in-us

Could the flux capacitor solve hydrogen storage on Class 8 trucks?

The garbage-gulping Mr. Fusion from “Back to the Future” was pure fiction, but the flux capacitor that powered Doc Brown’s flying DeLorean is real. NASA made it. The space agency licenses it. And hydrogen-powered trucks might benefit from it.

A license like no other

“I actually have a license for the flux capacitor. How many people can say that?” Michael Kramer, founder of startup Novadev, told me. “The only one who’s made a lot of money on this program so far is my patent attorney. He got paid a...

https://www.freightwaves.com/news/could-the-flux-capacitor-solve-hydrogen-storage-on-class-8-trucks

Are hydrogen combustion engines delayed or DOA?

Guidehouse Insights has published an extensive report on the global prospects for internal combustion engines powered by hydrogen. You can spend $3,950 to buy the full report and its 43 charts tracking markets for H2 ICE. Or, you can read one of the author’s perspectives below.

Hydrogen ICE study: Not that great a solution

Except for some vocational use cases in North America, a forgiving regulatory environment in Europe and a drive for energy independence in India, the idea of using gaseous or...

https://www.freightwaves.com/news/are-hydrogen-combustion-engines-delayed-or-doa

DHL getting 2 Nikola hydrogen trucks, and they aren’t in California

Truck companies and shippers regularly announce the addition of new zero emission vehicles to their fleets, most of them battery-powered. And there are announcements of hydrogen-powered trucks as well, though that has almost exclusively been in California, which has a combination of coming mandates and the Low Carbon Fuel Standard, which allows the owners of those hydrogen vehicles to earn LCFS credits that can be sold into an active market for those assets.

With all that in mind, it was notable...

https://www.freightwaves.com/news/dhl-getting-2-nikola-hydrogen-trucks-and-they-arent-in-california

What does proposed China component ban mean for autonomous trucks?

Autonomous trucking developers knew the Commerce Department was on the cusp of slamming the door on certain Chinese components. In fact, this week’s preliminary rule came later than expected. Now they have to sort out what it means.

So far, they don’t have much to say. Of the leading driverless trucking companies – two of which could launch before the end of the year – only one, Plus, offered substantive comment. Others demurred or pointed to a less-than-substantive statement from the Autonomous...

https://www.freightwaves.com/news/what-does-proposed-china-component-ban-mean-for-autonomous-trucks