To curb pollution produced by the world’s ships the International Maritime Organization (IMO) will enforce new emissions standards on January 1, 2020, effectively banning use of fuel with a sulfur content higher than 0.5 percent, compared to 3.5 percent at present, unless ships are fitted with equipment to clean up its sulfur emissions. This move of the International Maritime Organization (IMO) opens market opportunities, estimated at $3.5 Billion by Market Research Media. In a recent development Bloom Energy and Samsung Heavy Industries (SHI), a part of Samsung Group, announced a collaboration to design and develop ships powered by Bloom Energy’s solid oxide fuel cell technology. Bloom Energy is the world’s leading provider of stationary fuel cells and SHI is one of the world’s largest shipbuilding companies.
This landmark collaboration is a significant step that paves the road to wide adoption of fuel cell generators for marine propulsion in different segments of diverse maritime transportation market.