Hapag-Lloyd has reported a financial loss, driven by lower revenue and higher operating costs. Despite this, the company is moving forward with green methanol project development, highlighted by a Letter of Intent with Southern Energy Renewables.

DevvStream has announced a Letter of Intent with Hapag-Lloyd for the development of a green methanol project, including long-term offtake and a new environmental attributes MOU.

XCF Global, Southern Energy Renewables, and DevvStream have signed a definitive business combination agreement, formalizing their previously announced proposed three-party merger.