Quadrise Fuels Share Discussion Threads

[mount teide] 11/10/2022 16:56

MSC is the Apple of the global Containership sector, operating a fleet of 690 container ships - plus a fleet of cruise ships.

Were this fuel trial to prove successful the potential upside is astronomical since the global shipping fleet currently consumes circa 5.5 million bbls a day of marine fuel oil (ULSFO, VLSFO, HSFO and MGO), and according to Clarkson's and Lloyd's List, the market is expected to grow to circa 7.2 million bbls/day(1 million tonnes a day) by 2030.

Current marine fuel prices:

$1,270/tonne - $181/bbl - MGO
$960/tonne - $137/bbl - ULSFO
$840/tonne - $120/bbl - VLSFO
$559/tonne - $80/bbl - HSFO (To use this fuel, a ship would need to retrofit Exhaust Gas Scrubbers at a cost of circa $3m and a month out of commercial use).

[hazl] 11/10/2022 16:04

Skipper.




Today!



Quadrise @QFIPLC
CEO Jason Miles is talking about bioMSAR and MSAR at today's American Greentech and Decarbonizing Shipping Forum in Miami.

Many big names in the marine sector are in attendance, including MSC Cargo and Shell.


Perhaps why the continued rise .

[hazl] 11/10/2022 15:59

Valuation: Modest adoption transformational

We are not presenting forecasts at this stage. However, as a rough guide, based on data from the company, our scenario analysis calculates that even modest adoption of MSAR could generate material revenues and take the company to sustainable profitability. For example, adoption across only 9% of MSC’s global fleet could generate around $80m in licence revenues and require minimal capex.

[hazl] 11/10/2022 15:57

Ha had to close your short bet and make out you were long to save face what a card!

[kreature] 11/10/2022 15:43

Agreed, lots of bedtime story RNSs on the run up to the inevitable. Long until 3.9p. So 2.9p
I've always enjoyed fiction tbf

[hazl] 11/10/2022 15:39

An exciting couple of days.

Lots of news to look forward to.

[kreature] 11/10/2022 15:17

8p dump target, so 3.9p.
Opinion: run away

[maywillow] 11/10/2022 14:19

haggismchaggis
11 Oct '22 - 14:07 - 2937 of 2937
0 0 0
[...]

for some reason unable to copy

[haggismchaggis] 11/10/2022 14:07

hTTps://www.youinvest.co.uk/articles/latestnews/250837/quadrise-fuels-anticipates-growth-following-global-project-progress

[hazl] 11/10/2022 13:25

I think this is just the start...but what do I know?

[haggismchaggis] 11/10/2022 13:02

2p or not 2p, that is the question!(It just hit 2p on the live price feed!)

[haggismchaggis] 11/10/2022 12:50

2p or not 2p, that is the question!

[hazl] 11/10/2022 12:14

Large slow-speed 2-stroke diesels dominate the ultra-large shipping segment, with 4-stroke diesels also common smaller vessels. Many of these ships have decades of lifespan left before retirement, and hence a compatible solution is required that can work on these existing engines to improve their environmental and economic performance today.

A common issue with alternative fuels is that they require new engines entirely, or extensive modifications. This can make it risky and uneconomical, especially if a single fuel source is relatively limited (imposing considerable logistical difficulties).

MSAR/bioMSAR are compatible with existing 2-stroke and 4-stroke diesel engines, with an upgraded fuel booster system, improved burner tips, and software being the only significant requirements. These are all low-cost compared to any other solution.

MSAR/bioMSAR can be tuned to meet the required viscosity specification. For example, it can be produced to run on engines that require IFO380 or IFO180.

Engine remains fully compatible with existing conventional fuels, so there is no risk of 'lock-in' for the technology. Operators use standard fuel-switching procedures (as happens today with MGO vs HFO, etc).

MSAR and bioMSAR are interchangeable, so switching between different formulations and blends is transparent from the fuel user’s perspective.

bioMSAR contains renewable glycerine as one of its low-carbon energy sources; glycerine has been shown to have substantial lubricity and anti-corrosion benefits when used in internal combustion engines. This would likely result in OpEx savings owing to reduced wear-related maintenance.

[hazl] 11/10/2022 11:45

"During 2022 Quadrise has positioned itself as one of the key decarbonisation solution providers in a rapidly changing global energy market,” said chief executive Jason Miles

[hazl] 11/10/2022 11:41

bioMSAR is able to operate on existing 2-stroke and 4-stroke marine diesel engines. In fact, the latest test results of bioMSAR from Wartsila’s VTT (Finland), running on a large 4S diesel engine indicated that bioMSAR can increase engine efficiency up to 7%, whilst reducing CO2 by 26-28%, depending on the amount of gylcerol in the fuel blend.

Marine combustion engine technology is very mature, and OEMs battle for every percent of efficiency increase. A 7% improvement in engine efficiency is extremely large, and would normally take multiple engine generations and huge investments to achieve. This alone should turn heads within the field.

MSAR and bioMSAR are fuels that require very modest modifications to vessels and can use existing infrastructure and expertise to deploy — all whilst providing appreciable engine performance improvements [1].

[kreature] 11/10/2022 11:40

Whats important imv is level at which MSC decide to talk about QFI. Obviously it will all come to nothing in the end imv....but for the share price to climb to the dumping point I think the input needs to be from MSC - IMO

[hazl] 11/10/2022 11:36

QFI Is progressing all the time....in response to those issues considered by posters above....BioMSAR is the latest.
Each time there are different efficiences,speeds and so on and they are working towards Net Zero as their final goal.
As are various companies of course.

[hazl] 11/10/2022 11:33

'MSC now operates the largest container shipping fleet in the world, the significant savings in costs — described by QFI as being several million dollars per larger vessel per year — would result in potentially hundreds of millions USD in fuels savings over their enormous fleet, even when only their larger scrubber-equipped vessels are considered.'

Quorumzine.

[kreature] 11/10/2022 11:21

some might even say the whole thing was a sham and a scam? Personally I wouldn't go that far. IMV it was just an honest catastrophe.

[tongosti] 11/10/2022 11:21

Prophetic. Hazel firing on all cylinders. Wake me up what this gets to -96% down?

[fozdad] 11/10/2022 11:15

I didn't say the trial was a complete success, I questioned your definition of failure. My understanding is that Mersk decided to go a different route, that does not mean the trial was a failure.

“During the MSAR trial program Maersk has enjoyed a close and professional collaboration with both our technology partner QFI, and supply partner CEPSA, resulting in a smooth operation during which the fuel has performed well,” Niels H. Bruss, Head of Future Solutions, Maersk Line, said.

Yeah I see what you mean, it was a complete failure!

[kreature] 11/10/2022 11:12

ok so the Maersk LONO failure was a complete success, and the non-roll-out to the rest of the world and the fall in share price from 50p to 1p was also a complete success ?

[fozdad] 11/10/2022 11:08

Was the trial a failure? I thought Mersk decided to go for a low sulphur option instead. No mention of a failure here, where is the evidence that the trial was a failure?

Further to the Company's announcement on 7 June 2017, Quadrise is pleased to confirm receipt of the Interim LONO issued by Wärtsilä which confirms that:

-- The MSAR(R) emulsion fuel has satisfactorily completed 1370 hours of a 4000 hours validation test on-board the vessel SEAGO ISTANBUL equipped with a Wärtsilä 12RT-flex96C-B engine, including a maximum duration of MSAR(R) continuous operation of 139 hours.

-- Based on the results of engine inspections and cylinder condition monitoring, Wärtsilä has envisaged no detrimental effect on the RT-flex96C-B engines with the use of MSAR(R) fuel used during the test. With the number of hours on test being lower than the full test requirement of 4,000 hours, together with the current maximum continuous hours of operation on MSAR(R), there remain points that would be assessed further in the next stage of testing as part of the normal process for issuing a full LONO.