17 September 202511 September 2025 Bio Friends and Cheongmyeong Sign MOU to Build Korea’s First Commercial-Scale Biogas-Based Methanol Production Plant This agreement is significant as it marks the starting point for the full-scale commercialization of eco-friendly fuel production using domestically produced biogas
25 August 202521 August 2025 Emvolon and Montauk Renewables Announce Launch of Joint Venture to Convert Biogas into High-Value, Low Carbon Fuel Following the successful completion of a field demonstration, the new joint venture seeks to develop projects to generate up to 50K metric tons of green methanol annually by 2030
10 February 20255 February 2025 World-first full-scale onboard carbon capture The world’s first ship with a full-scale carbon capture facility is ready for pilot testing. The hope is that this technology becomes a milestone for the world’s trading fleet on route to zero emissions
25 January 202320 January 2023 Seabound Partners with Crestchic Loadbank to Test Its Carbon Capture Technology for Ships Seabound’s innovation captures and stores CO2 from fuel exhaust. The company claims the device can capture up to 95% of CO2 emissions per ship
17 March 20219 September 2021 Uniper Works in Collaboration with Two Partners to Develop Green Methanol as a Maritime Fuel Joined forces to form an open collaboration — the Green Methanol Cooperation (GMC)
16 April 202011 April 2020 VTT to assess bio- and waste-based oils suitable for power plants and ships The aim is to determine the most ecologically and economically sustainable way to replace fossil fuels
