Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Focus on core projects was the message consistently given. We have core projects that have been running for over 3 and 4 years respectively with no end in sight for them and we are to be excited about this non core left field project.
Yeah OK.
Jeeze. I'm sure that if some on here won the lottery, they would moan that they were being paid by cheque. ;)
Seemed like a good left field RNS to me, but hey ho.
It would not take a year to build this yacht, as stated they will have several in build no doubt and maybe one or more on speculation. Recently the demand for yachts has fallen after a massive surge post Covid. As mentioned Jason has had testing in the lab underway for many years so maybe this is the payback. If they are going to display this at Cannes that is next September so not that far away, unless it’s September 25, let’s hope not.
Of course the crossover from these engines to plant machinery, farm machinery etc is only a step away.
But proof of concept is not proof is supply as all of the refuelling stations in the Med, which would be the best place to start the commercial side due to numbers, as these stations would need upgrading in some form or another in all marinas. Larger yachts are mostly supplied by tanker, many taking upwards of 1,000,000 lire’s, or there could be central refuelling stations, Gibraltar, Barcelona, Genoa, Athens, Malta etc. Fuel duty could be lowered as well to make the adoption and maybe conversion or engine upgrades feasible.
.
Agreed and whether this thin market is excited or not this news is potentially massive for us and the shipping industry. We know it will work and finally we can see some proper outcome for us all !
Stock ramp in full flow I see. Just wait till we get some commercial news. 😳
Okay, it's not ever going to have the same impact that signing of the agreement with MSC and Cargill is going to have, but it's good to see they are actively broadening their reach into other sectors. Maybe branching out into cruise and ferry would be an obvious next step, imo. Being an Island nation we are not short of some major players operating in and around us on the ferry side who are actively looking to decarbonise and I've heard that MSC have a nice line in cruise ships. :)
https://www.cruiseandferry.net/articles/msc-cruises-marks-construction-milestones-for-two-world-class-cruise-ships
Not to overreach, but maybe also a look towards defence as they are certainly looking themselves at alternative energy types.
https://www.gov.uk/government/publications/defence-operational-energy-strategy/defence-operational-energy-strategy
Lots of scope, and adoption by a few will hopefully have a snowball effect with other potential users.
GLA. :)
Shiny new toy, to keep the kiddies distracted.
"Under the JDA, a land based testing programme to investigate the performance of both premixed and blend-on-board bioMSAR™ Zero solutions will be carried out prior to testing on board the yacht"
I doubt they are building it from scratch today, it'll be either a cancelled order or it'll be mostly built already, just waiting for interior and options to be selected.
First up we have land based engine tests, the results of which I am sure they will be trumpeting, and that will get a lot of interest.
These are green. Solar power only.
https://silent-yachts.com/
“So a brand new yacht will be built for the trial. Don't they take at least a year to be built ?”
That’s called “imminent” for JM’s standards 😂
3 trades only.. not triggering vast enthusiasm on the market…
Focus Motor Yachts for sale
https://www.yachtworld.com/boats-for-sale/make-focus/
Yes. But they may have laid down new yachts and simply have to designate one.
So a brand new yacht will be built for the trial. Don't they take at least a year to be built ?
I wonder which engine manufacturer.
I see these listed as options on their existing yachs, so that's a choice of four manufacturers.
Engine Options
2 X Mercuiser 8.2 HO Magnum MPI 430 HP, Bravo III-XR JPS
2 X Yanmar 8LV370Z ZT 370 HP, E-SHIFT (recommended)
2 X Volvo Penta D4 320 HP, DP-I
2 X Volvo Penta D4 270 HP, EVC / DP-I
2 X Mercury Diesel 3.0 270 HP, Bravo III X
2 X Mercury Verado 5.7 V10 400 HP, Outboard engines
At last Jason has seen the sense in creating a fuel to service this massive market place.
Yachts, be they small or large are at this point in time hated by left wing governments and eco groups around the world. The bigger yacht builder, producing yachts of 150m have been toying with every imaginable technology to get the vessels to become perceived as green. They are of course not but greenwashing is all around the industry. This move, bringing together respectable companies to combine their tech. To create a fuel that is genuinely carbon neutral is a game changer and the sooner they get that yacht on the water and on display the better.
The vessel being built for trials is small but the marketplace is crying out for a sustainable fuel. Other fuels being developed would no doubt end up on the larger vessels of which globally there are around 7000 or 8000. If they prove the concept there will be a day when yachts not using this fuel will be banned from marinas or many cruising areas, including the Mediterranean that contains half of the worlds fleet. Owners need to justify their yacht investment and at the moment many are pulling back from ownership so this is really a win win for all.
There are bio fuels being sold to the market already, very expensive and heavily subsidised. This could be the ball breaker.
GLA
In the face of the IMO too!
"ADVANCED CERTIFICATION FOR ULTIMATE CONFIDENCE
Our motor yachts are certified by the International Marine Certification Institute - a strict and exacting organisation with significantly higher standards than those imposed by the EC Directive 94/25. As part of that uncompromising approach, we ensure that only the finest materials and equipment go into your Focus Motor Yacht."
https://focus-motoryachts.com/construction-2/
"Where did you get your £750k figure from ? An average cost of a yacht ?"
Of one of their yachts, yep
Go with lust, it's a better fit
Typo, lust should say list, no idea where that came from!
Also, imagine how many yachting publications will cover it, all of the big ones and a load of the rest. That is a massive audience, not just of people that own a yacht and are wealthy, but also people that like to read those publications and dream of one day owning their own, plus all the people that pick up the magazine in a reception somewhere while waiting for their appointment, the lust goes on.
Willswag...Where did you get your £750k figure from ? An average cost of a yacht ?
Many, many fronts. I've been to these yacht shows for my work and imo you could give this fuel away for free and it'd still be worth it to have MSAR emblazoned on the side of a yacht at Cannes. The sort of people who go there are the dream for whatever business you're trying to do.
In a significant move towards sustainable luxury yachting, two innovative Dutch companies, Focus Motor Yachts and Vertoro have announced a collaboration to develop a sustainable luxury yacht line.
Vision
Vertoro, an innovative Maersk-backed company leveraging its own patented fuel-obtaining technology, a sustainable marine fuel derived from, but not limited to, lignin, will produce a number of carbon-neutral fuels and key materials from agricultural and forestry residues.
At Focus Motor Yachts we will make tailor-made design and engineering for our Vertoro-Powered yachts, with a focus on maximizing their sustainability potential and offer a market competitive solution to the most demanding clients.
Tim van Helsland, co-CEO and CFO at Vertoro, commented:
“It is time to bring our best practices from our experience in the container shipping sector to the luxury yachting market.”-
Focus Motor Yachts CEO, added:
“The environmental consciousness of our clients is increasing by the day, and they are demanding more sustainable options.”-
This innovative partnership between Focus Motor Yachts and Vertoro represents a groundbreaking step forward in the maritime industry, introducing a new era of sustainable luxury yachting that prioritizes environmental sustainability alongside unparalleled performance.
The official presentation of our innovative technology of the Powered-By-Vertoro Focus yachts will be announced at the Cannes Yachting Festival in September 2024. Stay updated on the latest developments and exclusive insights by following our social media channels and signing up for the below:
https://focus-motoryachts.com/united-for-sustainability/