RE: David against Goliath12 Aug 2025 12:47
Asimpleinvestor think you need to go back and see how HFO is made, ots Residue, pitch or vacuum residue test is cut with diesel to produce HFO, so Residue isn't low cost by product...it has its own market for sale.
There's enough information gathered over the years from Lithuania in power stations, to the Maersk tria for shipping and to the pilot trial and 1st industrial trial in Morocco for industrial to show this works time and time again....Fuel left to stand for ages...stable and still works....its the complete apathy on the part of these entities until the very last minute or they are forced to adopt thats the problem...wait, wait, wait and see, wait a bit more.
The incredulous thing is they are willing to use ULSFO and HFO, Lng , Ammonia and Methanol all of which will cost them big time under EU-ETS and FUEL-EU....also Turkey and the UK will be adopting the same surcharges....