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HyOrc Corporation Announces Uplist to OTCQB Venture Market
Globenewswire· 2026-02-03 11:55
Core Insights - HyOrc Corporation has transitioned to the OTCQB Venture Market, indicating a significant milestone in its corporate development and commitment to financial transparency and governance [2][3][4] Group 1: Corporate Development - The transition to the OTCQB reflects HyOrc's adherence to stringent eligibility requirements, showcasing its commitment to high-level financial transparency and governance standards [2] - The upgrade follows the successful completion of the Form 10 registration statement with the U.S. Securities and Exchange Commission, providing a comprehensive view of the company's financial and operational health [3] Group 2: Operational Focus - HyOrc is focused on the commercialization of its patented decentralized energy platforms, which convert local waste into high-purity green methanol, a valuable marine fuel [4] - The company aims to stabilize global supply chains through its modular waste-to-methanol technology deployed at global ports [4] Group 3: Investor Relations - Trading on the OTCQB provides an improved platform for visibility among institutional and retail investors who prioritize transparency [4] - HyOrc will continue to provide regular updates on its industrial milestones in accordance with enhanced reporting requirements [4]
ABS, ENEOS, NYK Line, and SEACOR Holdings Launch Joint Study to Develop a Methanol Marine Fuel Supply Network in the U.S.
Globenewswire· 2025-12-12 13:30
Core Insights - A joint study has been initiated by American Bureau of Shipping (ABS), ENEOS Corporation, Nippon Yusen Kabushiki Kaisha (NYK Line), and SEACOR Holdings Inc. to develop a methanol bunkering and supply chain network along the U.S. Gulf Coast [1][2] - The objective is to establish the first commercial-scale ship-to-ship methanol bunkering operations in the U.S., aligning with the International Maritime Organization's target of net-zero greenhouse gas emissions by 2050 [2][4] Company Contributions - ENEOS will focus on the procurement and supply of low-carbon methanol, including green methanol produced by C2X through the Beaver Lake Renewable Energy project in Louisiana [3][8] - NYK Line will utilize its experience in LNG bunkering infrastructure to provide technical expertise for methanol bunkering vessels [3][8] - SEACOR will leverage its expertise as a Jones Act qualified owner and operator, contributing to the design, engineering, and construction of the bunkering operations [4][8] - ABS will offer class and regulatory support necessary for establishing methanol bunkering operations in the U.S. [4][8] Industry Context - Low-carbon methanol is gaining traction as a next-generation marine fuel due to its ease of handling and potential to reduce greenhouse gas emissions [2] - The initiative aims to contribute to a carbon-neutral future for the maritime industry, addressing the increasing demand for practical solutions to meet environmental targets [4]