International Chamber of Shipping – Turning Hydrogen Demand into Reality

The report "International Chamber of Shipping – Turning Hydrogen Demand into Reality" addresses the challenges and opportunities of transitioning to a hydrogen economy. It highlights the need for a fivefold increase in hydrogen demand by 2050 to meet net-zero emissions targets. Key markets for initial demand growth include South Korea, Japan, and the EU, which will require substantial expansion of infrastructure and fleets for hydrogen import and transport. The report also emphasizes the importance of sustainable hydrogen production through renewable energy, alongside necessary transportation infrastructure and port readiness to handle increasing demand. These factors present unique challenges and opportunities for a low-emission economy.