DT11 Nov 2025 10:49
https://www.***************************/momentum-builds-as-fuel-technology-firm-enters-decisive-trial-phase/4121224524
peter borup, who took over as ceo on 1 october 2025, brings deep experience from both shipping and fuel trading. his appointment reflects a deliberate move to operationalise the strategy already in place. according to borup, the company’s focus is now on running “two or three” commercial-scale trials in parallel, rather than one at a time. the capacity to do this, he says, is now in place.
the most visible catalyst is the upcoming trial with mediterranean shipping company (msc) and cargill, scheduled to take place in antwerp. if successful, this will deliver a letter of no objection from engine-maker wärtsilä, effectively unlocking the path to wider deployment.