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Power2X acquires green hydrogen developer HyCC to scale European projects

Clean energy company Power2X, targeting large scale decarbonisation of various industries including maritime, says deal creates more scale, efficiencies and reflects consolidation of clean molecules sector.

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Power2X acquires green hydrogen developer HyCC to scale European projects

Power2X on Tuesday (24 February) announced the acquisition of HyCC, the Netherlands-based large-scale green hydrogen project developer.

Power2X is a clean energy company, committed to creating new energy assets that enable large scale decarbonisation of aviation, maritime and heavy industry.

“The acquisition strengthens Power2X’s position as a clean molecules leader, focused on clean fuels and feedstocks for industries in the Netherlands and Germany,” the company said. 

The deal creates more scale, efficiencies and reflects the consolidation of the clean molecules sector, as projects move from early development into large-scale delivery.

HyCC has developed a strong portfolio of hydrogen and clean molecules projects in the Netherlands and Germany in locations such as Amsterdam, Delfzijl and Rotterdam. In the combined company, these projects will benefit from scale, broader capabilities and a strong capital base.

The expertise and industrial experience from the HyCC team will support further development and delivery of projects in the Power2X portfolio.

Clean molecules, including green hydrogen, have a critical role to play in strengthening Europe’s industrial competitiveness and energy security. The combined portfolio has the potential to unlock material investments in the coming years, and could be a boost for the local chemical sector. 

For the realisation of these projects, a reliable, stable regulatory framework across Europe, the Netherlands and Germany will be crucial. Power2X’s acquisition of HyCC strengthens the entire ecosystem: de-risking investments, accelerating project delivery, and for Europe’s resilience and decarbonisation leadership.

“With the acquisition of HyCC we are adding valuable, and strategic projects in key industrial hubs to our portfolio”, said Occo Roelofsen, Founder and CEO of Power2X. 

“It brings us into a new phase where we have increased focus on delivery and a more diverse group of industrial customers. We look forward to working closely with Nobian and other partners on project delivery and operations in Dutch and German clean molecules market.”

“Our ongoing focus on water electrolysis has enabled us to develop a strong portfolio of green hydrogen projects at HyCC”, said Marcel Galjee, Managing Director of HyCC. 

“Now it is time to move to the next phase of these projects, and with Power2X we have found the perfect partner to do so. We are grateful to everyone who contributed to this achievement and look forward to the next chapter with Power2X.”

 

Photo credit: Power2X
Published: 25 February, 2026

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LNG Bunkering

PIL’s LNG dual-fuel boxship “Kota Elok” arrives in Singapore on maiden call

As the first of 13 new 13,000 TEU vessels joining its fleet, Kota Elok is equipped to operate on LNG and low-sulphur fuel oil that helps reduce our greenhouse gas emissions.

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PIL's LNG dual-fuel boxship “Kota Elok” arrives in Singapore on maiden call

Singapore-based Pacific International Lines Pte Ltd on Monday (20 July) said its first 13,000 TEU LNG dual-fuel container vessel, Kota Elok, recently made her maiden call to Singapore on 15 July.

As the first of 13 new 13,000 TEU vessels joining its fleet, Kota Elok is equipped to operate on liquefied natural gas (LNG) and low-sulphur fuel oil that helps reduce our greenhouse gas emissions. 

The vessel also incorporated energy-saving features and digital technologies to reduce fuel consumption and enhance operational performance, as well as a bow windshield to improve aerodynamics, contributing to improved fuel efficiency and lower emissions over the course of long-haul voyages.

“Following Singapore, Kota Elok will continue her voyage on our East Coast Service 1 (ES1) route to South America, calling at ports in Brazil, Uruguay, and Argentina before returning to Asia,” the company said in a social media post. 

Kota Elok also became PIL’s first vessel to receive Lloyd’s Register certification for compliance with the IACS UR E26 and UR E27 cyber security requirements.

Developed by the International Association of Classification Societies (IACS), UR E26 and UR E27 are mandatory cyber resilience requirements for newbuild vessels contracted from 1 July 2024. 

 

Photo credit: Pacific International Lines
Published: 21 July, 2026

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LNG Bunkering

CIMC SOE secures order for 12,000-cbm LNG bunkering vessel from Sinopec Clean Energy

Once operational, the vessel is expected to strengthen Sinopec’s domestic coastal LNG bunkering network and help address gaps in China’s alternative fuel bunkering infrastructure.

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CIMC SOE secures order for 12,000-cbm LNG bunkering vessel from Sinopec Clean Energy

China’s Nantong CIMC Sinopacific Offshore & Engineering Co., Ltd. (CIMC SOE) recently signed a contract with Sinopec (Beijing) Clean Energy Co., Ltd. to build a 12,000-cubic metre (m3) LNG bunkering vessel, according to Chinese maritime media.

The vessel is scheduled for delivery in 2028 and will support Sinopec’s efforts to expand its presence in the marine clean energy sector.

Once operational, the vessel is expected to strengthen Sinopec’s domestic coastal LNG bunkering network and help address gaps in China’s LNG bunkering infrastructure.

With this signing , CIMC Pacific Offshore Engineering’s LNG bunkering vessel orderbook is further strengthened, maintaining its leading position in the global market for small and medium-sized LNG bunkering vessels.

The contract also marked another milestone for CIMC SOE, which has seen a sharp increase in orders and business performance this year amid a surge in domestic LNG vessel demand.

 

Photo credit: Nantong CIMC Sinopacific Offshore & Engineering
Published: 21 July, 2026

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Nuclear

ABS awards AiP to Korean institute for SMR-powered container ship concept design

KRISO says AiP recognises the technical feasibility and safety of its concept design, marking an important milestone toward the development of next-generation nuclear-powered commercial ships.

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ABS awards AiP to Korean institute for SMR-powered container ship concept design

Korea Research Institute of Ships & Ocean Engineering (KRISO) on Thursday (16 July) received Approval in Principle (AiP) from the American Bureau of Shipping (ABS) for its concept design of a 15,000 TEU Small Modular Reactor (SMR)-powered container ship utilising Molten Salt Reactor (MSR) technology.

KRISO said the AiP recognises the technical feasibility and safety of its concept design, marking an important milestone toward the development of next-generation nuclear-powered commercial ships.

“This achievement demonstrates international recognition of KRISO’s technological capabilities in the rapidly evolving field of nuclear-powered shipping, supporting the transition toward low-carbon maritime transport,” it said. 

Building on this milestone, KRISO will continue advancing basic and detailed ship design, paving the way for future demonstration and commercialisation of SMR-powered vessels. 

Through continued R&D and international collaboration, KRISO remains committed to strengthening next-generation maritime technologies and contributing to the safe deployment of nuclear propulsion in the maritime industry.

 

Photo credit: Korea Research Institute of Ships & Ocean Engineering
Published: 21 July, 2026

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