TitleFerguson in here Marine welcomes… Blending modern technology and innovation© Ferguson with Marine, 2017 Clydebuilt craftsmanship © Ferguson Marine, 2017 Ferguson Marine Engineering Limited Newark Works Port Glasgow Scotland, UK © Ferguson Marine, 2017 © Ferguson Marine, 2017 STRATEGICALLY LOCATED 1903 Four Ferguson Brothers – Robert, Louis, Peter and Daniel, leave the family business, Fleming & Ferguson shipyard in Paisley to lease the Newark yard in Port Glasgow © Ferguson Marine, 2017 © Ferguson Marine, 2017 A PROUD HISTORY © Ferguson Marine, 2017 © Ferguson Marine, 2017 LAST ONE STANDING! 360 Ships and counting… © Ferguson Marine, 2017 © Ferguson Marine, 2017 DIVERSE PORTFOLIO Leading the way with Innovation MV Catriona 727 - launched December 2015 MV Hallaig – the World’s first Hybrid Battery ferry MV Lochinvar – 2nd Hybrid © Ferguson Marine, 2017 © Ferguson Marine, 2017 THE WORLD’S FIRST HYBRID FERRY Leading the way with Innovation MV Glen Sannox UK’s first LNG/MGO ferry © Ferguson Marine, 2017 © Ferguson Marine, 2017 THE UK’S FIRST LNG POWERED VESSEL Hydrogen power H2 = 0% 23 January European Commission awarded HySeas III €9.7 Million © Ferguson Marine, 2017 © Ferguson Marine, 2017 THE WORLD’S FIRST SEAGOING HYDROGEN FERRY Zero Emission – powered by renewables Fresh Water Fresh Water © Ferguson Marine, 2017 © Ferguson Marine, 2017 A 100% CLEAN PROCESS HySeas III Consortium © Ferguson Marine, 2017 © Ferguson Marine, 2017 A WORLD-BEATING TEAM H2 in Orkney – The Hydrogen Islands Advanced ‘Sustainable Energy Strategy’ Home of EMEC - European Marine Energy Centre Ongoing projects: Surf ‘n’ Turf Big Hit Dual Ports © Ferguson Marine, 2017 © Ferguson Marine, 2017 ADVANCED INFRASTRUCTURE Project Timeline Prototype ferry Prototype ferry build and trial specification © Ferguson Marine, 2017 © Ferguson Marine, 2017 AGGRESSIVE PROGRAMME The Opportunity • Creation of a ‘Hydrogen Economy’ • Fuel independence • Exploit renewable resource • Local economic prosperity • Emissions reduction • World-leading Intellectual Property • Promotion of corporate vison and values Global estimates suggest ships are responsible for 15% of NOx and 8% of SOx worldwide. International shipping produces around 3% of human greenhouse gas emissions – roughly double that of aviation. © Ferguson Marine, 2017 © Ferguson Marine, 2017 DISRUPTIVE TECHNOLOGY The HySeas III Platform Powering •Capacity 7 x 100kW Ballard Fuel Requirements cells •120 Passengers Li Ion Battery Systems •16 cars Fuel DC Li Ion Hydrogen 1000kg Hydrogen stored • storage Cells Batteries 2 HGV’s Preliminary •Route Dimensions •Kirkwall-Shapinsay • 39.9m LOA •4 miles • 10m Beam •25 minutes • 4m Depth Approx. • Landing craft style hull HySeas •Lifeline Service III © Ferguson Marine, 2017 © Ferguson Marine, 2017 RE-CONFIGURABLE PLATFORM HySeas III Project Risks • Legislation and regulation • Lack of Hydrogen-specific rules • Risk based design process • Suitability of the IGF Code • Commercial justification / viability • Capital investment • Market price for hydrogen - projection • Through life costing / O&M • Customer perception • Hindenburg and H-Bomb • Inefficient and complicated • The Future !! © Ferguson Marine, 2017 © Ferguson Marine, 2017 CONTINUOUS TECHNOLOGY DEVELOPMENT Delivering the future… © Ferguson Marine, 2017 © Ferguson Marine, 2017 .