K LINE Co-operation on Norway H2 Supply Chain

HIGHLIGHTS:

• “K” LINE, Provaris and Norwegian Hydrogen enter a Co-operation Agreement to support the development of a H2 Supply Chain for the FjordH2 Project located in Ørskog, Norway.

• ·Focus of the Co-operation will be on developing a commercial H2 Shipping solution from Norway to buyers in Northern Europe, utilising Provaris’ H2NeoTM carriers and H2LeoTM barge for efficient marine transport of compressed hydrogen.

• ·Applying the expertise of “K” LINE operations in the region, commercial studies will mature the individual costs of the H2 delivery chain to determine the cost of shipping hydrogen and draft terms for a long-term Charter Agreement.