e1 Marine provides clean energy technologies, including advanced methanol-to-hydrogen generation products, which provide an alternative, cleaner fuel source for marine vessels. The technology comes from Element 1 Corp., a developer of hydrogen generation systems supporting the fuel cell industry.
“This acquisition marks a significant milestone in Maritime Partners' commitment to environmental responsibility and innovation,” said Bick Brooks, Co-Founder and CEO of Maritime Partners. “The integration of e1 Marine's methanol-to-hydrogen technology with Maritime Partners' industry expertise promises to develop marine power applications and pave the way for a greener future.”
Utilisation of the e1 Marine generation technology by Maritime Partners is already underway. In May 2025, Maritime Partners signed a design basis agreement (DBA) with the US Coast Guard for its M/V Hydrogen One towboat, a first-of-its-kind vessel to use the new, cleaner technology which converts stored methanol into hydrogen onboard the vessel.
“As the licensor of compact, scalable, and energy efficient methanol-to-hydrogen technology to e1 Marine, Element 1 looks forward to fully supporting Maritime Partners and e1 Marine in their effort to revolutionise marine propulsion,” commented Dave Edlund, Co-Founder and CEO of Element 1.
As the maritime industry continues to seek ways to decarbonise, Maritime Partners believes this technology has the potential to greatly reduce emissions and increase fuelling efficiency while also providing a model for cleaner energy use.
“Maritime Partners is strongly committed to developing and utilising sustainable, clean energy solutions, as the entire maritime industry continues to seek alternative fuel options that are cleaner, greener, and more efficient,” added Dave Lee, Maritime Partners' Vice President of Technology and Innovation. “The acquisition of e1 Marine and the development of Hydrogen One are integral parts of that ongoing commitment.”