- Hydrogenious LOHC Technologies GmbH and Johannes Østensjø dy AS have founded the joint venture company Hydrogenious LOHC Maritime AS
- group join forces and tread a novel path towards safe zero-emission shipping
Hydrogenious LOHC Technologies and Johannes Østensjø dy AS have founded the joint venture company Hydrogenious LOHC Maritime AS says an article published on their website.
Hydrogenious LOHC Maritime AS
The aim is to develop and market emission-free propulsion systems for the global shipping market based on liquid organic hydrogen carriers (LOHC).
Suitable for storing and transporting maritime hydrogen
LOHC is an organic oil loaded with hydrogen. German-based Hydrogenious LOHC Technology has developed and patented the LOHC technology, which is a process of loading hydrogen in a thermal oil as well as releasing it where and when it’s needed. An important challenge for using hydrogen in shipping is safety.
LOHC solves this, as it is neither inflammable nor explosive. This makes the technology a particularly safe, easy, and efficient way of storing and transporting hydrogen. This is expected to revolutionize the supply chain for hydrogen.
The huge market potential for the new company
The joint venture has an exclusive worldwide license agreement with Hydrogenious LOHC Technologies for maritime use of the technology.
“Hydrogenious LOHC Maritime AS will make our proprietary LOHC technology available for onboard solutions for sustainable maritime traffic”, comments Dr. Daniel Teichmann, CEO, and founder of Hydrogenious LOHC Technologies.
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Source: Hydrogenious LOHC