PowerCell Sweden and Siemens will present their plans for a fuel cell-based system that can be integrated into ships such as ferries, yachts and cruise ships next week at the international maritime trade fair SMM in Germany.

The two companies signed a memorandum of understanding (MoU) earlier this month in Hamburg. The aim of the cooperation is to jointly develop a fuel cell-based drive and power generating system for marine applications.

PowerCell and Siemens sign MoU

Fuel cell-based drive and power systems could greatly reduce the dependency on fossil fuels in the commercial shipping industry, PowerCell explained in a press release.

The International Maritime Organisation (IMO) has set a target to reduce the emissions from commercial shipping by 50% by 2050, which will require a substantial decrease in the use of fossil fuels.

In June a power generating system based on fuel cell stacks from PowerCell got the first ever approval in principle for use in maritime vessels by DNV GL, a global quality assurance and risk management company.

SMM will be held in Hamburg from 4th to 7th September.