Member Info for jackg123

From the latest Edison report,

Quadrise is also launching a "Blend-on-Board" solution for the production of MSAR or bioMSAR emulsions on vessels. This may be tested under the MSC agreement or with new marine clients that the company is approaching.

So it hasn't had a formal release yet, so its still in the wrapper at the moment.

Agreed Vince, I would think any variant of residual fuel could be used as long as there is the addition of glycerine and the important 10% of water mixed through the Blend on Board to gain interim LONO then the refiners would have to take it more seriously.
Results must be overdue.
Aquafuel is scheduled to complete further diesel engine testing of bioMSAR as well as other fuel and biofuel formulations to support the new Quadrise Blend-on-Board solution by the end of CY Q422.

Got a hunch, this BoB system may enable a start to the Bio Msar Lono without the need for a refiner,

· bioMSAR™ and Blend-on-Board - Following successful completion of the bioMSAR™ tests in Italy in December 2022, Wärtsilä is now finalising the test reports which will be available for commercial purposes in Q1 2023.

Biomsar sailed through, Msar shouldn’t be far behind,
From business update 2 weeks ago
We anticipate that the remaining logistical issues will be resolved this month so that the trial can then proceed as planned

BAHRAI MON 30TH JAN 2023 03:36
KARACHI-MUHAMMAD FRI 3RD FEB 2023 06:06
MUNDRA SAT 4TH FEB 2023 20:06
that as far local scheduling goes for now, long distance, she's at Cape Town 27th Feb

Long Shot, but with the Wartsilla results in and the diminishing schedule for MSC Lendra, maybe some ducks are about to line up, its not like we don't need it.
Fuel supply RNS would work well now.

Is this quite recent and does this suggest the Wartsilla test results have been received.

Bio Msar tests resulting in emissions 45% lower than diesel. With those stats and the efficiency its incredible that its not already mandatory to use it ffs.

MSC LEANDRA IA304A
SUN 5TH FEB 2023 Mundra -MON 27TH FEB 2023 Cape Town 22 days
Schedule has changed in our favour, now in cape town on 27th Feb, 5 days early, so some stops discontinued on this schedule, unable as yet to see anything past this point, fingers crossed.

30th Jan 2020
Seems they are elected via tender process, today is the annual tender date

The Board of Quadrise Fuels International plc (AIM: QFI) is pleased to announce that following a comprehensive audit tender process, the Board has approved the proposed appointment of BDO LLP ("BDO") as auditors to the Company for the financial year ended 30 June 2020.

Would be nice to see a red dot in the morning updating us on progress in Morocco or any other area for that matter, we've got a new project manager starting this week so it would be nice for some projects to fill his/her time.

I sent an email to ir. on Friday quizzing on several areas, one being the whereabouts of the Morocco trial fuel, if I get a reply I will post.

MSC LEANDRA
FRI 27TH JAN 2023 Abu Dhabi-SUN 5TH MAR 2023 Cape Town -IA304A -37 DAYS
Bit more time to wait for dry dock unfortunately, hopefully some news on other projects soon.

Still no schedule showing for her after Abu Dhabi on the 27th of this month, fingers crossed

https://www.innovationnewsnetwork.com/decarbonising-shipping-industry-crude-sugar-oil-e-fuels/26352/

Interesting read for for those that have not seen it.

stable bioMSAR™ emulsions were successfully prepared by the Quadrise laboratory based on replacing glycerin with second-generation (advanced) sugars, mainly xylose and glucose, that were produced by Vertoro from lignocellulosic forestry residues.

Yes, fully agree, I’m hopeful that it will be done and dusted before the March update. With the amount of projects and potential projects in the pipeline it’s reassuring that they are taking on the new project manager.

Typically the lifespan of MSAR is 1 year but for trial volumes it is formulated to last longer, so no issues with the shelf life of the Moroccan trial fuel.

Mathews replacement starts within a fortnight, so new project manager inbound.
All good news
Nice to know the lights are on.

Would be nice to hit a given timeline.
AGM Staement
· Utah - In April 2022, Quadrise entered into a Commercial Development Agreement with Valkor Technologies LLC to commercialise both MSAR® and bioMSAR™ at its projects in Utah. The Company is targeting a commercial agreement by the end of January for the licensed supply of a Manufacturing Unit to provide fuel for MSAR® and bioMSAR™ trials as a precursor to commercial supply during 2023.

Business Update
· Utah - Commercial discussions for the supply of a license and manufacturing unit to enable Valkor to produce MSAR® and bioMSAR™ are progressing well, with the Company working towards execution of definitive agreements in Q1 2023.

Some info. on ETS, be nice to get info. on the differences of costs related to using Msar and BioMsar to see the likely savings, BioMsar was somewhere in the region of 50% less Co2, so possibly 50% less to pay, not insignificant now but come 2026 the costs are going to be painful.

https://www.siglarcarbon.com/post/carbon-cost-enters-the-maritime-everyday-business

Buying emissions allowances for a transatlantic (extra-EU) tanker voyage in 2023 would cost approximately 11 000 USD. For a typical intra-EU voyage the carbon cost would be approximately 9 000 USD. In 2026, once the emissions are fully phased-in, the cost would be 57 000 USD for the same gobal EU voyage and 47000 USD for the intra-EU voyage.

With the maritime sector now (finally!) included into the scope of EU ETS (Emissions Trading System), shipping companies will have to purchase carbon allowances for 40% of their fleets’ emissions in 2024, rising to 70% in 2025 and 100% in 2026. Solutions are needed, and Quadrise’s technology plays an important role here.

AKHM
There are terminals and refineries that already have the MMUs in situ for the manufacture of aphsalt. Minor tweaks to hardware and software would enable these colloid mills (MMUs) to manufacture Msar or Biomsar. Purpose built stand alone colloid mills are the better way forward as they are purpose made for Msar manufacture. So in theory wherever the Morocco fuel was manufactured, the trial volumes for MSC could be manufactured. Obviously not knowing the location doesn’t help

That’s the point of pre revenue companies, cheap to take a punt on. Once revenue generating the price you see now will be long gone. Easy to wait until it’s commercial like the big institutions do, they don’t like risk either.