Ardmore Shipping along with the hydrogen generator company Element 1 Corp. (e1) and Maritime Partners LLC signed a letter of intent, in order to develop a joint venture and deliver e1’s methanol-to-hydrogen technology to the marine sector, says an article published in Safety4sea.
Joint ventureUnder their collaboration, the trio will establish the e1 Marine, each owning one third of the joint venture.
Namely, the e1 Marine will have a worldwide mandate for the marketing, development, licensing,...