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Quadrise buoyed by Mærsk trials

Follow-up tests with AP Møller-Mærsk have underlined the commercial potential of Quadrise Fuels MSAR technology.
January 17, 2013

Shares in Quadrise Fuels (QFI) rose by 11 per cent after it confirmed that additional tests on its MSAR 2 marine fuel had been successfully completed by Danish shipping giant AP Møller-Mærsk.

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Following completion of the tests, Quadrise confirmed that it expects that commercial volumes of Marine MSAR 2 will be produced progressively from midway through this year. This will facilitate a wider evaluation of the low-cost fuel alternative across a range of vessels prior to full commercial roll-out during 2014.

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