Report
Toby Thorrington

Quadrise - Pathway to marine revenues and scale-up

Quadrise has made a significant step towards commercialisation, through which its innovative emulsion fuel technology will contribute to the decarbonisation of the marine sector. The company announced that it has signed a Collaboration and Operational Trial Agreement (the project agreement) with MSC Shipmanagement and Cargill, paving the way for the highly anticipated vessel trials on board the MSC Leandra. The market recognised the significance of this agreement, with Quadrise’s stock price rallying by approximately 50% on the day of the announcement.
Underlying
Quadrise Fuels International

Quadrise Fuels International is engaged in developing markets for its proprietary emulsion fuel (MSAR®) as a low cost substitute for a conventional heavy fuel oil for use in power generation plants and industrial and marine diesel engines. Co. and its subsidiaries manufacture and market emulsion fuel for use in power generation, industrial and marine diesel engines and steam generation applications.

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Analysts
Toby Thorrington

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