RE: Sparkle11 Sep 2025 09:56
"I’m just surprised the CEO of MSC hasn’t poppped in at some point and said ‘get this sorted by next week as we want that trial started asap. It will save us millions in fuel costs’"
Yes, but just playing devil's advocate, they only have that first mover advantage for a brief time, only until it's available to their competitors as well, thereby levelling the playing field again. And they've had the costs of validating it. I'm beginning to suspect there's an element of this involved, and as others suggested recently, we might not see any real movement with marine until the IMO deadline looms closer. Hope I'm wrong, but it's why I'd like Panama & Honduras to take priority now. OCP and have been 'fence sitting' too long now, we should concentrate on power gen. I did fancy Utah as well for the front runner, but it seems circumstances have been against that. Quick question, would Valor produced MSAR need a LONO because it's not come from a refinery?