Published by Todd Bush on June 26, 2026
Shanghai Qiyao Technology Group Co., Ltd. has received in-principle support from the International Maritime Organization (IMO) for its proposal to treat onboard carbon mineralization as a form of permanent CO₂ storage.
The decision emerged during MEPC 84, where the IMO working group welcomed two joint submissions from the company and its partners. The concept allows captured ship emissions to be converted into stable minerals, such as calcium carbonate, which can be used in construction materials, effectively storing carbon permanently without leakage.
>> In Other News: H2SITE Secures New Strategic Investment to Accelerate Industrial Deployment of Hydrogen Production and Separation Solutions
Carbon mineralization is the process of accelerating natural chemical weathering to react captured (CO_{2}) with calcium- or magnesium-rich minerals. This permanently transforms the gas into solid, stable carbonates (like limestone) that cannot leak back into the atmosphere.
The company argues that mineralization offers a practical alternative to conventional onboard carbon capture and storage (OCCS), which typically depends on geological storage and is constrained by high costs and limited infrastructure.
Instead of treating captured CO₂ as waste requiring disposal, the proposed approach turns it into a usable industrial input, potentially improving both the economics and scalability of maritime decarbonization.
We see this IMO attention as an important step. Closing the loop from shipboard capture to onshore mineralization can make carbon accounting more practical and economically attractive for the industry
… said the head of Qiyao’s OCCS team.
One submission (MEPC 84/7/18) presents the technical and environmental justification for classifying mineralization as equivalent to permanent sequestration, while the second (MEPC 84/INF.8) is based on Qiyao’s demonstration project.
According to the second submission, the system was deployed on the EVER TOP, a 14,000 TEU container vessel operated by Evergreen Marine Corp., equipped with a full OCCS system covering absorption, compression, liquefaction, and onboard storage. After stable operation, the captured CO₂ was handled through a structured offshore-to-onshore logistics chain.
On 19 June 2025, the vessel completed a ship-to-ship transfer at Yangshan Port, Shanghai, offloading liquefied CO₂ to a dedicated carrier vessel (Dejin 26). The transfer was conducted via a multi-stage procedure including preparation, berthing, pipeline connection, tightness testing, controlled pressure equalisation, and gravity-assisted liquid flow transfer, achieving a total transfer of approximately 25.44 tonnes of CO₂.
Following transfer, the CO₂ was transported by sea and land to an industrial facility in Zhoushan, Zhejiang Province, where it was offloaded into tank trucks and ultimately delivered to Baorong Corporation.
There, it was used as a feedstock in a mineralization process producing construction materials, such as concrete derived from CO₂-reacted steel slag. This final step demonstrated conversion of captured emissions into stable mineral carbonates, effectively locking carbon into a solid, non-leaking form.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🏭 Global CCS Hits 113 Projects as Americas Lead Capacity 💰 We're Moving $2M+ to Climate Solutions 💧 China Launches World's First Semi-submersible Offshore Wind-to-hydrogen Platfo...
Inside This Issue 🪨 Inside Blm's 650,000-Acre Bet on Wyoming Carbon Storage 🏭 California Advances Carbon Capture and Removal Regulations Under SB 905 ⚡ Why a Japanese Power Giant Is Betting on Den...
Inside This Issue ⚖️ Colorado Takes Over Class VI Permits: What Changes for CCS? 🏭 Hebei Shoulang Facility Using LanzaTech Technology Achieves World’s First ISCC EU RCF Certification for Ethanol P...
China Launches World's First Semi-Submersible Offshore Wind-to-Hydrogen Platform
The world's first semi-submersible offshore wind-to-hydrogen platform has floated in Jiangmen, south China's Guangdong Province, opening a new avenue for the development and utilization of clean ma...
We’re Moving $2M+ to Climate Solutions
New companies, new ways to back existing ones, and every purchase built to pull in more capital We’re adding new companies to our portfolio and getting creative with how we put more money behind e...
Citi Closes $72 Million Carbon Removal-Linked Note to Support Applied Carbon Biochar Project
HIGHLIGHTS Citi structured an innovative $72 million carbon removal-linked note to provide upfront capital for Applied Carbon's biochar project, marking a first-of-its-kind "outcome bond" for ver...
New platform opens access to the same rigorous project evaluations trusted by the world's leading carbon removal procurement programs Today, Relae (formerly Carbon Direct) launched The Diligence C...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.