H2Global Shipping Initiative

Creating markets for clean shipping fuels

Clean shipping fuels face a classic market‑formation challenge – one that the sector cannot solve alone.

Decarbonising shipping requires coordinated investment across vessels, port infrastructure, and fuel supply chains. Yet fragmented demand, limited price transparency, and uncertainty over future fuel pathways continue to delay final investment decisions and slow progress at scale.

The H2Global Shipping Initiative addresses this challenge by tailoring the proven H2Global double‑auction mechanism specifically to the needs of the shipping sector – turning early interest into investable demand and unlocking a pathway to market liquidity.

3%
of global emissions come from shipping.
Clean shipping fuels are the only viable technology for long-haul shipping routes, but markets are nascent.

Read our factsheet

Interested in getting a quick understanding of the H2Global Shipping Initiative?

Read our Insight brief

Ready to dive deeper into the specifics of an H2Global shipping tender concept?

The role of governments: from interest to implementation

In the absence of a fully harmonised international framework, H2Global offers governments a practical tool to act at national and regional level, while building resilient, diversified clean fuel supply chains. Rather than treating the price gap for clean fuels as a simple funding problem, the H2Global model tackles the underlying market failures that prevent supply and demand from meeting at scale.

The double‑auction mechanism (a) provides long‑term revenue certainty for producers, (b) limits price exposure for buyers in immature markets, and (c) minimises public capital requirements, delivering the maximum impact per euro of public support while preserving competition and transparency.

Creating clean fuel trade flows

For the maritime industry, the H2Global mechanism will connect global supply hubs for clean shipping fuels with the bunkering hubs that will anchor future clean trade routes. This graphic illustrates how competitively priced clean fuels could be shipped to major international bunkering centres such as Rotterdam or Singapore.
“The H2Global double auction mechanism offers one of the few tools capable of addressing the core barriers that still hold back the maritime transition: fragmented demand, uncertain pricing, and the persistent cost gap between conventional and clean fuels.”
Andreas Enger
CEO of Höegh Autoliners

Get informed. Get involved.

The H2Global Shipping Initiative is designed to move clean shipping fuels from ambition to implementation.