RE: MSC Leandra Neighbourhood Watch Update29 May 2025 13:55
This is a great question. Very obviously, I don't have an answer, but in seeking a motive for them to do this, are there not a number of reasons why a company in their position might seek to keep their intentions quiet, at this delicate stage?
Supply of QED fuels is currently restricted (arguably, it may be zero at this precise moment) and will take time to build, given the infrastructure necessary to do so. Shipping companies (and therefore, their customers) are facing potentially huge costs if operators do not adapt to other less environmentally damaging feedstocks and the costs of converting ships, implementing such plans safely etc.
If MSC truly believe that QED's suite of products may be the answer, then surely having successfully tested it, they may want to harness as much supply as we can generate (for as long as it takes us to exceed their requirements) to give them (and their customers) substantial 'first mover' advantages. I also wonder if this advantage is perhaps also underpinned by an agreement with us and Cargill that comes with a price advantage that subsequent buyers of our products may not be able to negotiate with us, and Cargill.
I know chuff all about the world of global shipping other than what I have gleaned from others here, but if the world was watching, and the trials were as successful as we hope, then it is entirely possible that everyone else would rush to secure deals with us, thus levelling the playing field for MSC. If I was in their shoes, and I felt that I could possibly test the product 'beneath the radar' and gain advantage thereafter by securing as much of the supply as I could, then I would certainly try.
I'm afraid that my ignorance means I have no idea if this is possible (given regulatory requirements and so on) or even plausible, but I do operate in a corporate world where many transactions are wrapped in secrecy (always to someone's advantage) and only a court subpoena, or similar will crack the code of secrecy.
Just my musings, as I really don't know, but as I say, its a good question to ponder.