Todays Latest Updates: 12 May 2026

CO2 Removal: United Kingdom. In the UK, Severnside Carbon Capture and Shipping Hub Ltd (Severnside Carbon), a carbon capture as a service terminal developer at Avonmouth, and Spain-headed global liquid logistics major Exolum Corporation SA (Exolum), have signed a new agreement under which Exolum will create a new subsidiary, ‘Exolum 7CO₂’, to invest and lead the next phase of development of a major new carbon dioxide storage terminal at Avonmouth. Exolum 7CO2 expects operations to start from 2031. Once operational, the terminal could handle up to six million tonnes of CO2 per annum from existing emitters – equivalent to the south-west of England’s total annual emissions – helping safeguard industrial competitiveness as decarbonization requirements tighten. Link 12/05/2026.

Hydrogen: Germany. German energy supplier MB Energy, truck maker Daimler, and Japanese conglomerate Kawasaki Heavy Industries (KHI) plan to begin importing liquid hydrogen to Germany’s Port of Hamburg in the early 2030s. MB Energy operates fuel terminals in the Port of Hamburg, as well as hydrogen refuelling stations across Northwest Europe; Daimler plans to deploy 100 liquid hydrogen fuel cell trucks by the end of 2026; and KHI is developing liquid hydrogen ships and import infrastructure in Japan. Link 12/05/2026.

Marine fuels: USA. Shipping firm Hapag-Lloyd is exploring biomass-based methanol offtake from a planned $1.4bn facility in Louisiana, US. This would see biomass gasified into hydrogen-rich syngas and then catalytically converted into methanol. Because the carbon within the wood waste came from the atmosphere, regulators and certifiers can classify the fuel as renewable or low-carbon. Link 12/05/2026.