Matsui OSK Lines-backed technology company Hycamite has secured €44m ($45.4m) to develop its low-energy methane splitting concept.
The Finland-based business has developed a system to split methane, or LNG, into hydrogen and solid carbon using only a fraction of the energy needed to produce hydrogen through electrolysis.
TradeWinds ShipTech
Your new weekly newsletter with insight into the business, rules and risks of maritime technology, from the editorial team at TradeWinds direct into your inbox.
