The EU approved €103 million in Dutch state aid for methanol and hydrogen vessel purchases and retrofits, targeting short-sea shipping. It funds vessel hardware, not the fuel itself, methanol currently costs roughly double conventional marine gasoil on an energy-equivalent basis.
H4 Marseille Fos secured 50% of its biogenic CO2 needs from cement plant emissions via Rhône Décarbonation, France's first structured CCU chain. It follows a 16 July EDF power deal. The project targets 75,000 tonnes of e-SAF annually with FID expected 2028.
FatHopes Energy signed a feedstock partnership with UCO Trading, targeting over 200,000 tonnes of used cooking oil annually via a global sourcing network. It's the Malaysian SAF developer's second such deal in weeks, following a China-focused MoU with MotionECO for the same volume.
HD Hyundai Samho delivered Jane Maersk, its first Very Large Ammonia Carrier, to Maersk Tankers in a shipyard handover, no cargo carried. The 93,000 cbm vessel adds to Samho's 22-vessel, $2.55 billion VLAC backlog, addressing ammonia carrying capacity, distinct from bunkering infrastructure.
Jilin Electric Power shipped a reported world's-largest 3,750-tonne green ammonia cargo from its Da'an complex to South Korea. The RFNBO-certified ammonia, produced from 800MW of wind and solar, gives Jilin export access to EU compliance markets alongside Japan and Korea buyers.
South Korea's draft rules make emissions targets mandatory for heavy trucks and buses from 2027, replacing the voluntary system, alongside tighter passenger vehicle standards. Manufacturers must cut heavy-duty emissions 30% by 2030, with new hydrogen combustion engine incentives.
Australia added a record 9.1 GW of solar, wind and battery capacity in FY2025/26, more than double the prior year, with batteries driving most growth. AEMO's pipeline grew 42% to 75.4 GW, but projects now spend a median 18 months in the developer-led implementation stage.
Allied Biofuels signed a logistics deal with Pro Logistic Services to export SAF from its landlocked Uzbekistan complex via rail through the Trans-Caspian route to Black Sea and Baltic ports, then marine tanker onward. It follows Sinopec's FEED contract, with FID still pending.
Axens launched ERA, France's first industrial-scale SAF unit using bioethanol, targeting 50,000 tonnes annually by 2030 via Jetanol technology developed with IFPEN. CEO Quentin Debuisschert framed it as a sovereignty project, building a domestic value chain independent of imports.
Air Canada and Airbus launched a jointly funded SAF Co-Investment Platform, targeting CAD 13.7 million to advance a Canadian SAF project toward FID. An industry-commissioned study projects scaling SAF to 40% of Canada's fuel demand by 2040 could add CAD 32 billion to GDP.
Project CAPTURED secured two milestones for onboard carbon capture: EU ETS recognition deducting captured CO2 from a vessel's allowance surrender, and IMO in-principle support for carbon mineralization as permanent storage. The pilot achieved a 7.9% net GHG reduction.
China launched a Methanol Fuel Shipping Supply Chain Innovation Alliance with 20 members including Sinopec, COSCO, PetroChina, Methanex and the Methanol Institute. It arrives as methanol newbuild orders fell sharply, from 149 in 2024 to just 4 in early 2026.
