Ardmore Shipping Corporation has announced that it has formed and invested in a new joint venture with Element 1 Corp. (E1) and Maritime Partners, LLC to bring E1’s unique methanol-to-hydrogen technology to the marine sector.
The three parties will establish an equal share partnership to form ‘e1 Marine’. The new company will have a worldwide remit for the marketing, development, licensing and sale of E1’s hydrogen generation systems for the marine industry, including shipping, refrigerated...