RE: VPS: IMO delay more likely to give rise to Emission Trading Schemes including EU ETS31 Oct 2025 16:16
So Jason clearly says the agreements are looking at scale up and things beyond the trial. I thought this may be the case a long time ago but many people said the agreements would only relate to the trial.
I don’t think MSC will just think why bother with the trial just because JM said there’s no guarantee. MSC haven’t had to do the trial 5 years ago , 4 years ago, 3 years ago, 2 years ago or this year. They are clearly committed but there is obviously a lot they are sorting out. The agreement could be that QED have to guarantee x amount of fuel per day per ship following trial success. That would then mean they need to ensure guarantees from Cargill etc and all other parties involved. Must be a very complicated agreement. Take advantage I say. Never did I think we would still have the opportunity to buy shares at this price now 😁