Hydrexia Holding Ltd., a leading H₂ technology solution provider, has announced that the company is facilitating the first-ever maritime shipment of H₂ roadshow from Kuching to Singapore and Hong Kong in collaboration with SEDC Energy Sdn Bhd (SEDCE), a subsidiary of Sarawak Economic Development Corporation in Malaysia. This historic shipment marks a significant milestone in the H₂ transport industry, empowered by Hydrexia's solid-state metal hydride H₂ storage container (MHX).

The first batch of the export shipment by sea, utilizing Hydrexia's MHX container, underscores a major step forward in the regional H₂ trade and highlights the commercial viability of H₂ transportation across regional maritime routes. The shipment also represents a benchmark in the commercialization of MHX product and holds profound significance in shaping the future of maritime H₂ trade.

The shipment also illustrates the enhanced technology readiness level (TRL) of MHX for broader commercialization. It enables easy transport by road, rail, and sea, thereby increasing the flexibility of H₂ logistics across multiple modes of transport. Sea shipment of H₂ utilizing MHX effectively mitigates risks associated with H₂ logistics, enhances transport security, and reduces operational costs, positioning it as a critical enabler of cross-border H₂ exchange.

With industry breakthrough magnesium-based solid-state technology imbedded in a ton-scale standardized 20-feet container, MHX boasts intrinsic safety, enlarged storage capacity, reduced cost, higher density amongst other features. It has since gained favorable tractions from global industry experts and customers alike.

"We are delighted to note the growing market acceptance of our magnesium-based solid-state product with increasing customer tractions in different regions," said Alex Fang, the chairman and Chief Executive Officer of Hydrexia." The shipment clearly demonstrates our ability to expand business to new regional markets and monetize our MHX," Fang added.

"SEDCE is continuously engaging relevant stakeholders and agencies with regards to new energy, and we are confident that transporting clean H₂ molecules using MHX is the next way forward," said Robert Hardin, the Chief Executive Officer of SEDCE. "This Proof-of-Concept (PoC) represents a crucial milestone as we progress into commercial negotiations with potential off takers. By successfully completing this PoC, we aim to strengthen confidence in the product's reliability and scalability. Together with the upcoming roadshow, this initiative will open new market opportunities for Sarawak in the global H₂ transport value chain," Hardin continued.

With regional maritime H₂ transport becoming readily available, Hydrexia is committed to serving customers with MHX needs in the region and will continuously pursue business opportunities in the global market.