Coates International Ltd. (fka COTE)

[mogman]

Just to let you know, GC might just be onto something good for long investors and new investors.
Please note the home town universities involved.

Industry News from http://www.electricandhybridmarineworldexpo.com/en/industry-news.php?release=b5baa9c23ac3e015ad287b17a3d4afa3&utm_source=mailing&utm_medium=email

ULEMCo developing hydrogen fuelled marine engine
ULEMCo, a UK company that converts fossil-fuelled commercial vehicles to run on hydrogen, is developing a demonstration marine engine modified to run on hydrogen as part of an international project.

The overall aim of the HYLANTIC (Atlantic Network for Renewable Generation and Supply of Hydrogen to promote High Energy Efficiency) project is to show that a cost effective and practical solution can be deployed across a range of existing vessel applications, and therefore contribute to reducing emissions in local ports and inland waterways.

As well as developing a hydrogen fuelled engine, ULEMCo will also carry out a feasibility study to assess the sources of hydrogen in Liverpool, UK that might be suitable for marine applications, where opportunities could exist for vessels such as those used for the Mersey Ferry and the Manchester Ship Canal.

ULEMCo joins the universities of Cantabria, Porto, Ulster and Dublin City, as well as several private companies in delivering the HYLANTIC project. The work is being funded by Interreg Europe, which supports local and regional authorities across Europe in achieving solutions to sustainability issues.

“We are very excited to be part of the HYLANTIC project, and to be adding this feasibility work on marine applications to our fast expanding vehicle portfolio”, said Amanda Lyne, CEO of ULEMCo. “We shall announce progress with the demonstration hydrogen marine engine in due course.”

- July 2018