HYON AS - Wasserstoff im maritimen Bereich

https://www.offshore-energy.biz/...ll-scale-hydrogen-powered-ferries/

"The contract, which Torghatten Nord won in fierce competition with three other bidders, was signed on 25 January 2022. It has a value of NOK 4.9 billion (about $552 million)."
"there is a requirement stipulating that minimum 85 percent of the two ferries? energy consumption on an annual basis should be hydrogen."

Pretty big funded order if you ask me! Should be a good opportunity for Hyon, which probably is worth more than the actual market cap of Hyon :D
If you take a look to the road map of the company update  you can see Torghatten already mentioned with "a Star" in year 2025. This is exactly the year, which is mentioned in the article for building the ship. "From 1 October 2025, two new hydrogen-fuelled RoPaxes will be deployed on Norway?s most challenging ferry crossing."
Is it already communicated that Hyon will be in charge for the fueling system and just paper work left?

Company Update:
https://live.euronext.com/en/product/equities/...ressRelease-12027020  

file:///Users/simon/Downloads/581333_2023_02_03_Hyon_InformationM­eeting_Team%20(2).pdf

wrong link before.... take a look at slide 10. You see Torghatten is already on Hyons Road Map.
Very Good that they will already use the high capacity version of 3.000kg H2/h. Very Good, because Hyon can charge a lot more for this one. Should be the biggest project until now.    

"The fuel cells will be supplied by PowerCell, which signed a letter of intent with SEAM in early February this year."

SEAM announced the news on the 2nd of march as you can see on their homepage on the link below:
https://www.seam.no/insights/...or-large-scale-hydrogen-ferry-project

So I guess Torghatten will announce the fueling partner soon. And as you said I do not know anybody else who is working on such a fueling system. Pretty good that it is about 2 ferries. So if Hyon gets this project it would be the third one this year. (Northern Xplorer LOI, contract pending)
Looks like we could get a little bit wind into the sails :)
And I guess Norwegian Hydrogen is willing to be connected to this project through Hyon as well, because it`s pretty big and the first of it`s kind in the maritime sector and they are calling themself as the number one on hydrogen within the maritime sector.


 

This was really interesting!

I have not seen this new presentation!

do you have more work from your investigation? :-)

ps! will give you a longer answer after below presentation

ps! there is a live presentation now in English Maritime Hydrogen 0930-1100

its not HYON, but it is is education!

https://www.maritimt-forum.no/stavangerregionen/...he-maritime-sector

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F:  

There is currently a live webinar for Maritime hydrogen in general

interesting

0930-1100 now

Bocimar/CMB ets etc are presenting

good brainfood !

https://www.maritimt-forum.no/stavangerregionen/...he-maritime-sector

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F  

Just that the market is evolving. Five Days ago Everfuel and Greenstat signed a lease agreement with Elkem and this could be a possibility for Hyon as well to be elected as a subcrontacter for installing the high-capacity-fueling system. Pure speculation, but fingers crossed.
"According to the companies, the primary focus of the hub is to serve the shipping industry with renewable fuel (where Kristiansand is a major port for both Norwegian coastal traffic and marine traffic) to the rest of the European continent."

https://www.offshore-energy.biz/...with-elkem-for-hydrogen-hub-agder/





 

Interesting!

Then i suggest you also take a look at this Greenstat presentation video. This is a video they now use during their capital raise Roadshow:

https://www.youtube.com/watch?app=desktop&v=pvWScZZx4Io

check the part about the Agder HUB, 25:36.
As you can they use the containers in the port with HYON logo... Is that a coincidence ? for sure can be, But personally I will never use a random logo for my roadshow..

That combined with Bjørn Simonsen (board member in HYON) entered an agreement with Greenstat 8 days ago. Where he is engaged for Greenstat to stocklist their company + joingin the Greenstat HYdrogen + Greenstat Asia board.

This can as mentioned of course be pure coincidence..

I recommend this video!

F:



 

Thank you! Yes there is a Hyon Logo on the port! So maybe we can expect something.
 

Well,

I can of course not guarantee anything, but I do  find it a bit odd that:

-Torghatten is mentioned in HYON's presentation update 4 weeks ago.

-HYON in mentioned in Greenstats presentation for Greenstat's roadshow for fundraising a few weeks ago

- at the same time as Bjørn Simonsen (board member in HYON) is joining Greenstat's as special council for the stock listing + joining their Hydrogen board etc

BUT of course, its could of course be wild speculations from my side....

People can do what they want, but I will continue to accumulate

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I don`t know if you are allowed to use company logos if it is not communicated...

To feed up the potential: Norwegian Hydrogens CEO Jens Berge is talking about a lot of projects in the pipeline and about the construction of the Hellesylt Hub, where Hyon is already involved. I really do like how motivated he is to bring Hydrogen on the map! Due to the offices in Denmark, Sweden, and Finland Hyon could establish international...

https://www.oceanhywaycluster.no/news/...e-for-norway-to-lead-the-way
 

I agree with you,

in wait of communication from HYON i prefer following Jens Berge in Norwegian Hydrogen. After all he is the biggest owner in HYON, and he is a board member in HYON.
As well as they are dependandt on Norwegian Hydrogen's technology

As long as he is bull and hardworking I am confident

about 2 weeks until HYON's presentation, lets see what they will present here - fingers crossed:-)

F  

Interesting read.

https://hydrogen-central.com/...ydrogen-strategy-april-official-says/  

ROlf Sandvik is hosting a webinar live now

HYON partner talking about the cruiseconcept

recomend to watch!

https://rivieramaritimemedia.clickmeeting.com/...rF5jLac8sQD5ZGDkAQH4

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F  

ps! one can ask questions live to the guys

F  

If you see in right corner of photos there is a logo we all would like to see  

this one you mean :-) ?  

Yes there it was, couldnt upload via the Phone?  

I saw it too

As far as I understood, they will also make the recording of the webinar public,

let me see what I can fix

even for the no-believers I would still recommend the presentation. if not for Hydrogen, at least it is competent people presenting the future of the cruise industry

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F  

This article is a bit interesting,

This week the 70 feet long Compressed Hydrogen driven ferry was delivered in San Francisco, for testing of 90 days

https://www.sfchronicle.com/climate/article/...ell-ferry-17804637.php

Specs as far as I could read:

Length: 72 Feet
Testing: 90 Days
PAX: 75 people
Fueltanks: 10 of 246 KG Compressed Hydrogen each (250Bar Pressure) = 2460KG Capasity
Fuelcell Cap: 360 kW PEM
Battery Cap: 100kWh
Max Speed: 20 knots
Max Sailing time: As far as I can read the ferry can sail 16hrs per bunkering cycle

producer and source: Switch Maritime

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F.
 

Norway and Germany are in the frontsett regarding Hydrogen transition.
https://www.equinor.com/energy/...tm_content=carousel-rwe-cooperation  

for sure, good post Smisen!

i saw this video in you artile just now as well, interesting

explained in video as per below

https://youtu.be/XY4KnBfnkNE



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F.  

Contract signed

https://hyon.energy/news/...-for-delivery-of-mobile-hydrogen-refueler  

Breaking news!

HYON signs contract for delivery of mobile hydrogen refueler with Norwegian Hydrogen!!!!

https://news.cision.com/hyon-as/r/...obile-hydrogen-refueler,c3737290

lets see how the market reacts to this one:-)

F.

 

sorry Smisen,

i did not see your post first :-)

F  

The way i view this is that HYON now have inced a milestone contract. The first of many

Many potential customers dont dare to be the first one, hence now they can order themselves. Without worrying beeing first

is this a strong move towards Mitsui as well ? in my vuew - big time

no i expect it to explode, nope, but step by step

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F