Member Info for originalharrystamper

It seems, alas, history is about to repeat itself and just as bioMSAR was introduced to appease the demand for a lower carbon emissions fuel to that of MSAR, it now looks as though QED are already looking to find it's replacement before it has achieved a commercial deal of any description:

"Despite the immediate and cost-effective carbon reductions that bioMSAR™ can offer we recognise that the requirement for net-zero carbon fuel solutions is becoming increasingly urgent. Our RDI strategy is now focused on the delivery of a commercially viable net-zero 'bioMSAR Zero' solution by 2030"

Does anyone on here realistically believe that MSAR will achieve a commercial supply contract? I feel it's chance has been and gone - its cost saving capability seemed a no brainer back when the tech was projected to save oodles of money by supplementing circa 30% of the diesel with MSAR emulsion. As for bioMSAR; how long a 'shelf life' doesa this have before it too becomes an option that just doesn't appeal anymore?.....

OHS

Dust - see my earlier post below which states similar:

“The POC tests will commence in H1 CY23 after the Leandra returns from its scheduled maintenance and regulatory class inspection in a dry dock. This is slightly later than the Q4 CY22 start shown in our March note because of the time taken to purchase the Leandra. Assuming that the results from the POC tests are positive, MSC will then finalise agreements with third parties for trial and commercial fuel supply and conduct lengthier trials (4,000 hours of operation) to provide commercial operating experience, potentially culminating in obtaining LONOs from the engine manufacturer, Wärtsilä. Management expects that the LONO trial will take around six to eight months to complete. As the trials progress, Quadrise, MSC and other key stakeholders such as refineries will hold discussions, which are likely to commence in CY H223, regarding the supply of bioMSAR and/or MSAR for use by MSC’s global fleet. A single vessel would consume 0.6kbpd of fuel.“

https://www.edisongroup.com/research/key-role-in-transitioning-to-net-zero/31706/

OHS

Twitchy bum time. 50 minutes to decide to 'hold for gold' for a positive update on Monday or break even/loss if its mediocre at best......hmmmmmmm........

OHS

Perhaps form this statement:

“The POC tests will commence in H1 CY23 after the Leandra returns from its scheduled maintenance and regulatory class inspection in a dry dock. This is slightly later than the Q4 CY22 start shown in our March note because of the time taken to purchase the Leandra. Assuming that the results from the POC tests are positive, MSC will then finalise agreements with third parties for trial and commercial fuel supply and conduct lengthier trials (4,000 hours of operation) to provide commercial operating experience, potentially culminating in obtaining LONOs from the engine manufacturer, Wärtsilä. Management expects that the LONO trial will take around six to eight months to complete. As the trials progress, Quadrise, MSC and other key stakeholders such as refineries will hold discussions, which are likely to commence in CY H223, regarding the supply of bioMSAR and/or MSAR for use by MSC’s global fleet. A single vessel would consume 0.6kbpd of fuel.“

https://www.edisongroup.com/research/key-role-in-transitioning-to-net-zero/31706/

OHS

Not correct Barking - the latest update is that the "Company is now finalising the trial schedule with the client and anticipates fuel trials to commence prior to the end of Q1 2023" - so I'm not expecting trial completion by end of Q1 at all - perhaps an update to say it has commenced or this may just be incorporated in the results RNS

OHS

OHS

AKHM - Depends how many shares you have - it’s a £400 swing on 1m

Lovely piece of news that coincidently lands a couple of days after our proposed name change. Lovely indeed

OHS

I'm looking forward to seeing the day the following article is updated to reflect BioMSAR as one of their products:

https://www.msc.com/en/sustainability/enabling-logistics-decarbonisation/journey-to-net-zero

And then more of these deals being penned:

https://www.dbschenker.com/global/about/press/db-schenker-and-msc-seal-important-biofuel-deal-832010

OHS

Great find AKHM, if only Quadrise was mentioned - now that would have been lovely!

OHS

I meant to add that that's my understanding and interpretation anyway

OHS

In short, no. Maersk chose to comply with the IMO 2020 sulphur limits that were to be introduced and as MSAR was higher than the 0.5% sulphur limit, decided against MSAR with the additional scrubbers I believe. The RNS back in May 2017 sums it up:

"Further to the Company's announcement of 7 April 2017, Maersk has now formally notified the Company of its intention, in achieving compliance with the International Maritime Organisation's ("IMO") 2020 sulphur limit environmental legislation, to use only compliant fuel (less than 0.5% sulphur) from 2020 and that the use of MSAR® alongside exhaust gas scrubbers ("Scrubbers") will not be considered as an option for Maersk going forward.

Marine MSAR® supplied to date has been higher than 0.5% sulphur and one option in the future is to use such fuel together with exhaust gas scrubbers ("Scrubbers") to achieve IMO 2020 sulphur limit compliance. For operators who choose to use a compliant fuel, a second option would be for QFI to work with refiners or suppliers to produce a compliant (less than 0.5% sulphur) Marine MSAR®, but this would be dependent on availability of low-sulphur residual streams and further work is being carried out to assess the viability of this solution.

As recently reaffirmed by Maersk, the MSAR® operational trial has been successful to date and this should be further confirmed by the interim inspection report and Interim LONO from Wärtsilä.

OHS

Hi SR - I initially read it as a potential attempt at a 'negative' post as it insinuated that Zak Mir's predictions amounted to quite the opposite movement in value of those stocks, and as he has recently done one for QFI, it could be read as pointing out a similar trend for QFI if ZMs predictions have any weight to them. Having had a quick look back over some of your previous posts I see that you look as though you're a LT investor here so I must assume it's not in your best interest to de-ramp this stock? I agree though that the information we have is predominately from RNS and there is very little else out here to go on so we are at the mercy of the company to let us know when they want to/have to

OHS

Well there's an attempted deramp if ever I saw one!! What a lot of trouble to go to, to spend your time looking for a way of posting negativity that has actually no 'direct' connection to the stock you're posting about. Many thanks for that - rest assured, it will have absolutely zero impact on my investment decision making process

OHS

Good afternoon all. Lots of catching up for me to do here, having followed QFI for a number of years, but taken my figure off the pulse for a while. Has anyone been able to 'confirm' the Moroccan client? Is it though to be OCP Group?

OHS

Looks like another astute bit of business by BB. Explains all the 250,000+ trades over the last few weeks - absolutely snapped up by forward selling to someone! TR1 at some point?

ENSO Energy seem to have a lot of very interesting Green Energy projects on the go:

https://ensoenergy.co.uk/projects/

Here’s a similar BESS one:

https://ensoenergy.co.uk/projects/fairglen-bess/

I recall doing a bit of background reading on this company when I was trying to identify who was doing the first BESS project. I think at the time they were more towards Solar projects but looks like their portfolio has diversified for the better

OHS

Fatboxer - if you look at the link I posted earlier it confirms that this additional BESS site is proposed to be built on the cooling towers and surrounding infrastructure footprint

OHS

Also just noticed the Sean Parson reply below which states 'BESS projects' - emphasis on the 's'

OHS

Great news! Looks like another planning application is soon to be submitted for 120MW BESS at Uskmouth! An Environmental Impact Environment Impact Assessment Screening Report has been submitted by ENSO Energy:

https://documents.newport.gov.uk/PublicAccess_LIVE/Document/ViewDocument?id=E01A903F3A6742ED9CF309654AC37047

OHS

https://www.linkedin.com/feed/update/urn:li:activity:7021221503891345408/

More planned to go in the Turbine Hall once cleared, by the sounds of it

OHS