Connect with us

Ticker Views

Green Hydrogen Shipping | ticker VIEWS



Global Energy Ventures (GEV) is leading the way for shipping solutions of green hydrogen

This week’s episode of tickerCLIMATE featured the CEO and managing director of Global Energy Ventures, Martin Carolan. GEV is leading the way for shipping green hydrogen.  

Green hydrogen shipping

Global Energy Ventures is an energy transition company aimed at delivering compressed shipping solutions, for transporting energy to global markets.  Their business model is to build, own and operate the production, storage, and shipping of green hydrogen.

Compression delivers a simple approach to transporting green hydrogen. GEV is a leader in the marine transport of hydrogen. Last year, they introduced the world’s first large-scale Compressed Hydrogen (C-H2) ship.

The C-H2 ship will have an electric drive propulsion system powered by fuel cells onboard. The ship will deliver a zero-emission marine transport solution. The company will have higher volumes in comparison to those offered by other compression technologies.

GEV has a strong reputation for developing compressed gas carriers, and this will benefit the engineering and design of the ship. The company is aiming for the first shipping fleet to be available by the mid-2020s.

“We’re creating a global market and supply chain for hydrogen. Let’s compress, store and put it on the ship and move it to the market as soon as we can.”

Martin Carolan, Global Energy Ventures

How much hydrogen can be transported?

Compression is the preferred solution for marine hydrogen transport.  The density of compressed hydrogen is much lower than other alternatives, like ammonia. Global Energy Ventures transporting range will be between 2000-4000 nautical miles. They can transport a volume between 200,000-400,000 tonnes. GEV is demonstrating the simplicity and energy efficiency of green hydrogen shipping.

Likely transport routes

Global Energy Ventures is looking to the northern parts of Australia, where there is an abundance of renewable hydrogen to be developed and produced. A likely route for transport will be from the northwest of Australia to Singapore. South Korea, Japan, Morocco, and the Middle East region are also major key growth markets.

Europe is a leader in the commercialisation and implementation of hydrogen and is also a key focus area for GEV. They have teamed up with some impressive organisations, recently signing a partnership with a very large consulting group, Bailiff.

Safety when shipping hydrogen

Hydrogen is a gas and it is a delicate product to deal with. However, compression is used as the onshore storage and transport method and has been for many years. Global Energy Ventures operates at a pressure of 250 bar or 303,600 psi, and onshore applications are already using standards such as 300, to 700 bar.

Therefore, Global Energy Venture’s compression, storage, and transport of green hydrogen will have strict safety processes in place.

Other climate news this week:

In order to decarbonize shipping by 2050, it will cost $1.9 trillion worth of investment.

Ticker Climate co-host and energy expert, Scott Hamilton says there will be an enormous market for green fuels in global shipping.

“Companies like Yara, who are looking at green ammonia, that is one of the possible fuels that will be used to power shipping around the world in the future.”

Scott Hamilton

You can watch this week’s full episode here:

Ticker Climate

Holly is an anchor and reporter at Ticker. She's experienced in live reporting, and has previously covered the Covid-19 pandemic on-location. She's passionate about telling stories in business, climate and health.


TICKER NEWS is available on podcast apps



For the first time, TICKER NEWS is now available on podcast apps, allowing you to hear the latest news, plus special programs

TICKER NEWS is now available as a podcast.

You can catch up on the latest news, or programs devoted to special topics including U.S. politics and TICKER AIR.

TICKER CEO Ahron Young says:

“TICKER always puts the story first. Video is in our DNA, but we want TICKER content to be available however our audience wants to enjoy it.”

“We are putting significant resources into TICKER content to make sure we get to the heart of the stories we cover.”

TICKER AIR is one of the podcasts available from TICKER

The first podcast to air is TICKER AIR, cohosted by Ahron Young and Geoffrey Thomas from

Every day, two full world news bulletins will be available, as well as three special documentary programs.

TICKER podcasts are available daily on Apple Podcasts, Spotify and Google Podcasts. Just search TICKER NEWS to subscribe.



Continue Reading


Five reasons it’s so expensive to travel right now



We’ve been waiting years to go on holiday, but wow it’s expensive to fly. Here are the five reasons it’s so expensive to travel right now

Remember the good old days of competition in the travel industry? Those were the days. Now every time you look to book a flight, the prices are soaring. Even if you want to use your points.

The airline industry is complex, so a total shut down of the industry was always going to have long term effects. The long hangover from the shutdowns and lockdowns are with us.

So let’s break down the five key reasons your flight is so expensive.

“Revenge travel”

It’s not just you who wants to go overseas and change up the scenery. Everyone else is thinking the same thing.

And as the northern hemisphere enjoys its first lockdown free summer in years, everyone is clamouring to use all that saved up cash, topped up with government assistance, to spend on flights.

The simple supply versus demand philosophy means it’s become an airline’s dream to push up prices while often pushing down the value of the ticket. How bad are those airline meals at the moment?

Big planes are grounded

Remember the good old 747 and A380s? Well you’re doing well to find a 747 in the skies these days. The last remaining airlines that were operating them used the cover of COVID to either reduce their fleet of the ageing Queen of the Skies, or retire them altogether.

Then there’s the A380, which is integral to huge airline flees like Emirates.

They were first to go into storage in the desert in 2020 as the pandemic hit. Airlines noticed its often cheaper to fly two 787s on the same route as an A380. So they are begrudgingly bringing the super jumbo back, but only once all their 787s are back in service first.

Don’t you just long for the days of extra space on a plane?

Rocketing fuel prices

In some cases, spot prices for aviation fuel has soared to 80 per cent! Airlines usually rely on hedging fuel prices (as in locking the price in in advance). But not many carriers in Asia do that, meaning they are at risk of fluctuating oil prices.

Airlines have a simple strategy for dealing with rising fuel prices – passing the cost on to consumers. Some passengers flying out of Asia are finding that a flight to London in economy is now $5000, five times the price.

The war in Ukraine hasn’t helped matters either, with Russian oil now missing from the global supply chain. That’s pushing up the cost of resources everywhere, and there’s no sign that’s about to end.

Lack of staff

Airline staff get COVID too, and in some (hilarious) cases, front line staff are returning to stop working from home!

Airlines have rules in place regarding how many flight attendants and pilots need to be on board an aircraft. And with so many different types of planes in service, some flight attendants can only work on certain aircraft types.

That severely limits the capability of airlines to quickly man aircraft in an emergency. And one cancellation snowballs into a travel nightmare.

Airports are struggling too. Lack of maintenance at baggage carousels and airport equipment means some airports are relying on just one vehicle to help every plane back out of a gate.

Remember when the pandemic hit and airlines sacked thousands of workers? The airlines didn’t think they would need them all back so quickly, and highly skilled pilots went on to find other, perhaps more stable jobs.

Accountants taking over

Airlines are big businesses with gigantic overheads. Think of the cost of a plane, which often reaches over $300 million.

Then add the cost of airports, fuel and staff.

Qantas had a debt bomb of $6.5 billion at the height of the pandemic, and while governments have been throwing money at airlines to stay in business, they still are a business.

Airlines need to make a profit, they need to return value to shareholders, and they need to pay down debt to stay financial. Not to mention cashflow.

So regardless of the airport queue, or the soggy sandwich you’re eating in business class, think of the balding accountants praying for good news.

And keep your eye out for some bargains. It’s not all doom and gloom. Some airlines are even allowing you to burn your points on upgrades. So why fly economy?

And if you can hang on a few months longer, you might enjoy cheaper fares. But no promises.

Continue Reading


Disney vs Netflix – who will win the streaming revenue raise?



Netflix and Disney shares fall as the streaming companies fight to stay on top of their game

Investors to evaluate Walt Disney’s shift from cable television to subscription service as the company’s shares fall by 31 percent.

This comes after Netflix announced its first ever decrease in subscribers last month. The company reported a loss of 200,000 subscribers in its first quarter while predicting more losses ahead.

Netflix’s decision to suspend its services in Russia also led to a loss of 700,000 subscribers. It’s shares have also fallen by a staggering 71 percent this year, a bigger loss than its competitor Disney.

While Netflix struggles with its subscriber count, FactSet Estimates predicts Disney+ to have attracted 5.3 million new subscribers through march leading to a total of about 135.1 million subscribers.

Disney also predicts it will have amassed more than 230 million subscribers by September 2024.

Netflix is reportedly considering adding an advertisement-based subscription option by the end of the year as the company looks at how to stay competitive in the increasingly saturated streaming market.

In a previous statement, Netflix’s chief executive said they were looking to introduce advertisements in a year or two but a leaked internal note to the employees has revealed the company is introducing it as early as October 2022.

The note also says Netflix will begin cracking down on password sharing by monetizing it.

All of this has resulted in Netflix being sued by shareholders who argue they have been mislead about the state of the company and future prospects.

Rijul Baath contributed to this report

Continue Reading

Trending on Ticker

Copyright © 2022 The Ticker Company PTY LTD