QFI Signed A Joint Development Agreement With MSC

653

Emulsion bunker producer Quadrise Fuels International plc (QFI) on Thursday (21 January) announced it has signed a Joint Development Agreement (JDA) with MSC Shipmanagement Limited of Cyprus (MSC), a 100% subsidiary of MSC Mediterranean Shipping Company SA headquartered in Geneva, to carry out an MSAR® Operational Trial on commercial container vessels in the MSC global fleet commencing in 2021 with subsequent commercial rollout upon success, says an article published in Manifold times.

Synthetic HFO

MSAR® is a low viscosity oil-in-water emulsified synthetic HFO. It is manufactured using proprietary technology to mix heavy residual oils with small amounts of specialist chemicals and water to a bespoke formulation.

Project initiation

Initial activities under the agreement will include project initiation, definition, high-level scoping and feasibility activities of the overall trial, all of which are to be completed within 3 months.

MSC’s global fleet

Contingent on the outcome of the initial activities both parties will prepare for the execution of one or more trials commencing in 2H 2021 on representative commercial vessels in MSC’s global fleet (phase 1).

Upon completion and success of the trials, the agreement envisages subsequent commercial roll-out across the MSC global fleet (phase 2).

Phase 1 will see the testing of MSAR® fuel in a large MAN ME and/or a Wärtsilä/WinGD Flex 2-stroke engine so as to obtain approvals from the respective engine manufacturers. Phase 1 testing may also incorporate testing of Quadrise’s new bioMSARTM biofuel.

Emulsion fuel application

The agreement will capitalise on Quadrise’s expertise in emulsion fuel application and use in large diesel engines.

MSC will contribute its vast shipping industry experience and provide technical expertise relating to naval architecture, machinery systems, fuels, exhaust gas cleaning systems, emissions and technical ship management.

Jason Miles Comments

“Quadrise is delighted to have signed this agreement with MSC and we look forward to working alongside them to progress this excellent opportunity,” said Jason Miles, CEO, Quadrise.

“We believe MSC’s large modern fleet installed with electronic engines and, in some cases, exhaust gas cleaning systems is well positioned to realise the economic and environmental benefits of MSAR® and bioMSARTM and we look forward to realising the project and getting the trials underway in 2021.”

“MSC is looking forward to working with the Quadrise team under the JDA in 2021 to scope out the operational trials of MSAR® on our container vessels,” added Prabhat Jha, Group MD & CEO of MSC Shipmanagement Ltd.

“We are particularly interested in the potential environmental benefits of MSAR® and bioMSARTM that, alongside the economic benefits, reflect our approach to operating a modern MSC fleet, and fit well with our overall future fuels strategy.”

Did you subscribe to our daily newsletter?

It’s Free! Click here to Subscribe!

Source: Manifold times