RE: Quadrise Moves Ahead with Landmark MSC Leandra Trial3 Dec 2024 09:35
Quadrise plc, listed on the AIM market under QED, has recently unveiled exciting developments in its innovative marine fuel project. The company has finalised agreements with industry giants MSC and Cargill to begin trials on the MSC Leandra. These trials are a critical step toward obtaining the much-coveted Letter of No Objection (LONO) from Wartsila, a milestone that promises to open significant commercial opportunities.
The MSC Leandra is set to embark on a rigorous two-stage trial. An initial proof-of-concept trial will run for two months, followed by a comprehensive 4,000-hour test over six to eight months. Cargill will provide the feedstock for the trials, while MSC contributes the vessel. According to Quadrise, interim results during the process may yield a preliminary LONO, demonstrating the project’s steady progress.