TECO 2030 ASA
The Port of Narvik in northern Norway needs a new workboat which should be both fast and emissions-free. Together with eight project partners, they are now seeking public funding to build one of the world's first hydrogen-powered, high-speed vessels.
LYSAKER, NORWAY / ACCESSWIRE / November 25, 2021 / The boat will be equipped with hydrogen fuel cells from TECO 2030 and will be built by the shipyard Grovfjord Mekaniske Verksted (GMV), which is located near Narvik.
To view this piece of content from www.accesswire.com, please give your consent at the top of this page.When completed, the boat will replace one of the port's diesel vessels. As a result, the Port of Narvik will be able to reduce both its diesel consumption and its CO2 emissions significantly.
"A new hydrogen-powered workboat will put the Port of Narvik in a unique position, where we will reduce our own emissions and use pioneering technology that will become important for both national and international shipping in the years to come," says Børge Edvardsen Klingan, Port Director at the Port of Narvik.
"This project will contribute to economic growth and development in Narvik and its surrounding regions and will also be an important contribution to the green transition in the maritime industry. We are very happy that we are able to take the lead in reducing emissions from ships," Klingan says.
The boat is planned to be completed in 2023. The Port of Narvik will mainly use it for keeping an overview of the port and the activities there, for emergency preparedness, and for teaching and training of crews.
The Port of Narvik aims to get the boat classified as a long-range, high-speed passenger vessel, and the plan is that it should be able to keep a pace of 23 knots.
The vessel's fuel cells will be produced in Narvik
The fuel cells that will ensure the boat's propulsion will be produced at the TECO 2030 Innovation Center in Narvik and will enable it to operate emissions-free. The boat will be one of the first vessels that will get fuel cells from TECO 2030 installed.
"We are thrilled that the Port of Narvik plans to build a hydrogen high-speed boat which will be powered by fuel cells from TECO 2030. We are looking forward to working on this project, and we are happy and grateful that the Port of Narvik has chosen TECO 2030 as supplier of fuel cells to their new hydrogen vessel," says Tore Enger, CEO of TECO 2030 ASA.
"Now we only need to get support for this project by the Norwegian state enterprise Enova. Everything else has already been prepared, and we are ready to get to work. Hydrogen will be key to reducing greenhouse gas emissions from the maritime industry, but the development of hydrogen technology for ships and other hydrogen infrastructure requires large resources," says Enger.
"We hope that the Norwegian government will stand by their promise to promote the development of climate and environmentally friendly shipping, and that we will therefore receive support from Enova for this project," he adds.
UiT in Narvik is a research partner in the project
TECO 2030 has signed an agreement with UiT The Arctic University of Norway - which has a campus in Narvik - to cooperate on enhancing research and education in Norway on hydrogen and fuel cells.
UiT Narvik will therefore participate in the project as a research partner, with the aim of gaining expertise in maritime hydrogen systems. This will ensure that they can provide education that will enable their students to become valuable potential, future employees of the partners in the project.
The maritime engineering company BLOM Maritime, the hydrogen supplier Everfuel, the consultancies Proactima and KUPA, and the company Norinnova Narvik, which specialises in commercialising research results, are also partners in the project.
BLOM Maritime and Proactima will contribute to the development of the boat. BLOM Maritime will provide technical assistance to Grovfjord Mekaniske Verksted during the building of the boat, and Proactima will be responsible for risk assessments and analyses to ensure that it will be safe to use.
Knowledge dissemination will be an important part of the project, and KUPA will focus on disseminating the knowledge about hydrogen boats that will be developed during the boat's building and testing phase. KUPA is leading a maritime technology cluster in Norway and will pass on lessons learned in the project to its members.
Hydrogen filling station for ships and road transport
The hydrogen boat will become Narvik's first hydrogen consumer and will need to be refuelled on a regular basis. The project therefore also involves the establishment of a hydrogen filling station.
Everfuel will seek to develop this filling station. The company is currently working to establish hydrogen filling stations for trucks, buses and other heavy-duty transport all across Norway.
Other users of the port will also be able to use the planned filling station in Narvik. About 500 trucks drive through the city every day, and the filling station will therefore not solely be intended to cater for sea traffic.
The goal is that it will become the world's first hydrogen filling station that can serve both ships and road traffic, and that its establishment will make it possible for more companies and people in the region to switch to climate-friendly hydrogen.
Everfuel will now, together with UiT and Norinnova Narvik, work to find possible new hydrogen users within the municipality and county municipality, such as buses, waste collection vehicles and taxis.
Hydrogen fuel cells: The engines of tomorrow
TECO 2030 is developing hydrogen fuel cells together with the Austrian powertrain technology company AVL. Hydrogen fuel cells are the engines of tomorrow and convert hydrogen into electricity while emitting nothing but water vapour and warm air.
By installing fuel cells, ships and other heavy-duty applications that are powered by diesel engines or generators can switch from fossil fuels to hydrogen and reduce their greenhouse gas emissions to zero.
Hydrogen fuel cells can also be used during port-stay, loading and discharging, enabling zero-emission operation at berth, without having to connect the ship to an onshore power supply.
Green transition in the maritime industry
Norway aims to reduce emissions from domestic shipping by at least 50% by 2030, compared with 1990. This target should be reached through a stronger focus on the development of low- and zero-emission solutions, and by setting emission requirements for ships operating on Norwegian fjords.
Norway plans to introduce requirements for low- and zero-emission solutions in public tenders to speed up the green transition in the maritime industry. Such requirements will be introduced in 2023 in new public tenders for ferry connections, and in 2025 for high-speed vessels.
Moreover, from 2026 only zero-emission cruise ships and ferries will be allowed entry into the Norwegian world heritage fjords.
Ships operating in Norwegian waters will therefore have to reduce their emissions and become more climate-friendly, and TECO 2030 will help them with that.
TECO 2030 is delivering technology that helps ships to reduce their environmental and climate impacts. In addition to hydrogen fuel cells, the company is developing carbon capture and exhaust gas cleaning systems for the maritime industry, which will enable ships running on fossil fuels to reduce their environmental and climate footprints.
For more information, please contact:
Port of Narvik: Børge Edvardsen Klingan, Port Director, Port of Narvik. +47 916 39 906, bek@narvikhavn.no
TECO 2030: Tore Enger, CEO of TECO 2030 ASA. +47 920 83 800, tore.enger@teco2030.no
SOURCE: TECO 2030 ASA
View source version on accesswire.com:
https://www.accesswire.com/674611/TECO-2030-is-Leading-a-Project-Group-That-Will-Build-A-Hydrogen-Powered-High-Speed-Vessel-For-The-Port-of-Narvik
To view this piece of content from www.accesswire.com, please give your consent at the top of this page.
About ACCESS Newswire
Subscribe to releases from ACCESS Newswire
Subscribe to all the latest releases from ACCESS Newswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from ACCESS Newswire
Pet-Food Revolution: Two New Global Surveys Reveal Growing Guardian Openness to Sustainable Diets for Dogs and Cats14.11.2025 15:05:00 CET | Press release
LONDON, UK / ACCESS Newswire / November 14, 2025 / Two pioneering studies published in the journal Animals have explored in depth how dog and cat guardians perceive more sustainable pet food options. Led by Jenny L. Mace, Alexander Bauer, Andrew Knight and Billy Nicholles, the research sheds new light on the potential for alternative proteins and plant-based diets in the companion animal sector. Study 1 - Dogs: ‘Consumer Acceptance of Sustainable Dog Diets: A Survey of 2,639 Dog Guardians' In the first study, the team surveyed 2,639 dog guardians worldwide. Around 84% of respondents were currently feeding their dogs either conventional or raw meat-based diets. However, a substantial 43% of this group reported they would nevertheless consider at least one type of more sustainable dog food (such as vegan, vegetarian or cultivated-meat formulations). Among the alternative options, the most acceptable was cultivated meat-based dog food (chosen by 24% of these respondents), compared to vege
Kraft Heinz and OMP Showcase Smarter, More Sustainable Value Chain at Gartner Supply Chain Planning Summit13.11.2025 15:00:00 CET | Press release
ATLANTA, GEORGIA / ACCESS Newswire / November 13, 2025 / OMP, a leader in supply chain planning solutions, is showcasing how Kraft Heinz is transforming its global food supply chain at the Gartner Supply Chain Planning Summit 2025 in Denver. The leading food and beverage company will share how it is driving efficiency from farm to table with OMP's Unison Planning™. By leveraging autonomous planning, decision intelligence, and AI optimization, Kraft Heinz enhances collaboration, manages complexity, and reduces waste. Kraft Heinz's journey to a smarter, more sustainable value chain Thiago Serra, Head of Integrated Business Planning at Kraft Heinz, will discuss how smart, data-driven planning is helping the company build a more agile and sustainable value chain. Gain insights into how Kraft Heinz combines digital intelligence and end-to-end visibility to create real business impact across operations. Explore human-AI synergy at the OMP booth The Gartner Supply Chain Planning Summit, takin
Preservica Integrates Active Digital Preservation with Microsoft 365 Archive12.11.2025 15:00:00 CET | Press release
BOSTON, MA AND OXFORD, UK / ACCESS Newswire / November 12, 2025 / Preservica is expanding its ongoing collaboration with Microsoft with a new integration to bring embedded Active Digital Preservation™ to Microsoft 365 Archive. The latest Preserve365® integration offers Microsoft customers additional flexibility and control over the management of long-term SharePoint content. With Preservica's embedded Active Digital Preservation software, IT and Information Governance (IG) teams can now seamlessly archive and actively preserve high-value SharePoint sites - such as completed projects containing long-term regulatory, legal, or operational data. This protects critical data from obsolescence, ensuring long-term records are always immediately accessible in trusted, readable formats to enable business teams to respond quickly and confidently to audits, legal proceedings, maintenance continuity and AI-driven initiatives. Better together: Optimizing cost and compliance for long-term content. M
Karbon-X and Hockey Canada Partner to Make Sustainability Part of Canada's Game12.11.2025 15:00:00 CET | Press release
The Canadian-based climate-solutions company joins forces with Hockey Canada to deliver measurable sustainability impact across national tournaments and community programs. CALGARY, AB / ACCESS Newswire / November 12, 2025 / Following Hockey Canada's announcement earlier this week, Karbon-X Corp. (OTCQX:KARX) ("Karbon-X" or the "Company") is proud to confirm its new partnership with Hockey Canada, becoming the organization's Official Sustainability Partner and advancing verified sustainability initiatives across one of the nation's most celebrated sports. The multi-year partnership integrates verified, measurable sustainability programs into Hockey Canada's national tournaments and grassroots registration, empowering players, fans, and communities across the country to take part in meaningful environmental initiatives. Together, the two organizations are uniting national pride with environmental purpose, showing that every game can leave a positive impact. Through the partnership, sele
Loar Holdings Inc. Reports Q3 2025 Record Results and Upward Revisions to 2025 Outlook and Full Year 2026 Outlook12.11.2025 14:30:00 CET | Press release
WHITE PLAINS, NY / ACCESS Newswire / November 12, 2025 / Loar Holdings Inc. (NYSE:LOAR) (the "Company," "Loar," "we," "us" and "our"), reports record results for the third quarter of 2025, upward revisions to 2025 outlook, and full year 2026 outlook. "The strong tailwinds of secular growth in commercial passenger traffic, immense backlogs at the airframe manufacturers, and global demand for defense products once again led us to a record quarter," stated Dirkson Charles, Loar CEO and Executive Co-Chairman of the Board of Directors. Third Quarter 2025 Net sales of $126.8 million, up 22.4% compared to the prior year's quarter. Net income of $27.6 million, up 218.9% compared to the prior year's quarter. Diluted earnings per share of $0.29, up 222.2% compared to the prior year's quarter. Adjusted EBITDA of $49.1 million, up 28.9% compared to the prior year's quarter. Net income margin for the quarter improved to 21.8% compared to the prior year's quarter of 8.4%. Adjusted EBITDA Margin for
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom
