In recent years, interest and activity in the hydrogen sector have accelerated, driven by governments recognizing hydrogen's role in the energy transition and companies worldwide capitalizing on emerging market opportunities through the supply of services, products, technologies, and projects.

Over 1GWh of batteries are now sailing on waters globally, reflecting 72% industry growth in 2022. Despite this, there have been several challenges that shipbuilders and maritime battery suppliers have had to navigate in recent years.