MEDIA RELEASES

MEDIA RELEASES

Capital-Executive Ship Management Participates in Major Project to Convert Offshore Vessel to Run on Ammonia-Powered Fuel Cell

Capital-Executive Ship Management Participates in Major Project to Convert Offshore Vessel to Run on Ammonia-Powered Fuel Cell

ShipFC consortium project gets €10m fund injection to deliver world’s first high-power fuel-cell to be powered by green ammonia.

A maritime innovation project looking to install the world’s first ammonia-powered fuel cell on a vessel has been awarded €10m funding from the European Union.

Athens, Greece, January 23, 2020. Capital-Executive Ship Management participates in the ShipFC project which is being run by a consortium of 14 European companies and institutions, co-ordinated by the Norwegian cluster organisation NCE Maritime CleanTech, and has been awarded backing from the EU’s Research and Innovation programme Horizon 2020 under its Fuel Cells and Hydrogen Joint Undertaking.

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