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Fuel Cell Powered Marine Propulsion, Market Analysis

December 29, 2019

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.

Fuel Cell Powered Marine Propulsion, Market Analysis, October 2019, Single User License: $5,950.00
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The report provides quantitative market analysis in a concise tabular format. The tables/charts present a focused snapshot of market dynamics.
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Fuel Cell Powered Marine Propulsion, Market Analysis, October 2019, Global Site License: $9,950.00
Reports are delivered in PDF format within 48 hours.
The report provides quantitative market analysis in a concise tabular format. The tables/charts present a focused snapshot of market dynamics.
Buy from 2CO
2CheckOut.com Inc. (Ohio, USA) is an authorized retailer for goods and services provided by Market Research Media Ltd.

Filed Under: Reports Tagged With: decarbonisation, emissions standards, Fuel Cell, Fuel Cell Powered Marine Propulsion, International Maritime Organization, Marine Propulsion, maritime transportation market, shipping decarbonization

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