Hycamite, in collaboration with MOLEA and MOL PLUS, has entered into a memorandum of understanding to advance methane-splitting technology for cleaner power generation and propulsion on marine vessels. The company is gearing up to inaugurate its first industrial-scale methane-splitting plant in Kokkola, Finland, by early 2025. This initiative aims to explore the integration of Hycamite's innovative technology into marine applications, allowing LNG-powered ships to convert methane into hydrogen while at sea, with the solid carbon byproduct being stored and later disposed of at the destination port. The solid carbon byproduct not only provides an additional environmental benefit by preventing the release of carbon dioxide into the atmosphere but also contributes to mitigating the carbon footprint of marine transportation. Hycamite's CEO, Laura Rahikka, highlighted the company's focus on decarbonizing challenging sectors such as marine traffic and expressed optimism about the technology's potential. In a recent development, Wartsila Marine and Hycamite have collaborated on a cost-effective hydrogen production system from LNG onboard vessels, aiming to reduce CO2 and methane emissions. This partnership underscores the industry's commitment to sustainable practices and the adoption of innovative solutions for cleaner energy generation in the maritime sector. The joint efforts between Hycamite and Wartsila signify a significant step towards achieving environmentally friendly marine propulsion.