August 23, 2022 – Authentix has been selected to partner with Safetytech Accelerator and Lloyd’s Register Maritime Decarbonisation Hub in a feasibility study on the assurance of green fuel in the maritime industry.
Recognizing the need for the global maritime industry to transition to fuels with lower greenhouse gas emissions such as green ammonia and hydrogen, Safetytech Accelerator and Lloyd’s Register Maritime Decarbonisation Hub identified approximately 30 companies with technologies that could play a role in assuring the well-to-tank supply chain for green fuels. After a final vetting process, Authentix and TYMLEZ were selected for the partnership.
Authentix Vice President Jim Seely commented on the partnership, “Authentix is excited to be selected as a key partner for this important project for the Maritime industry to reach its goals of overall reduction in carbon emissions. As these innovative green fuel sources are utilized, it will provide a substantial impact towards that cause. We will endeavor to be on the cutting edge of technology development ensuring these new fuel sources can be properly verified and tracked by industry and government to prevent illicit trading and adulteration in the future.”
For more information about the feasibility study and the Authentix partnership, read the press release from Safetytech Accelerator.