Partnership to drive maritime decarbonisation and sustainability**
Auramarine Ltd. and Quadrise Plc have entered into a collaboration to advance innovative solutions that will assist the maritime industry in meeting its decarbonisation goals. Both companies bring a wealth of expertise to the table, with Auramarine known for its fuel supply systems and Quadrise a leader in clean energy solutions. Their combined efforts will focus on providing marine customers with new technologies that help them achieve sustainability targets through the use of emulsion fuels, biofuels, and fuel supply systems.
Quadrise will contribute its knowledge of MSAR® (Multiphase Superfine Atomized Residue) and bioMSAR™ fuels. These environmentally friendly emulsified fuels offer a cost-effective, cleaner alternative to traditional heavy fuel oil (HFO) commonly used in maritime and power generation. MSAR® is an oil-in-water emulsion that blends residual oils, water, and additives to create a synthetic fuel oil with greater efficiency and lower costs. The renewable biofuel version, bioMSAR™, incorporates sustainable components like water-based glycerin and other biofuels, making it an even more eco-friendly option.
Auramarine will apply its extensive experience in designing and installing fuel supply systems, including Quadrise’s blend-on-board technology, for marine vessels. Their retrofit solutions, which don’t require dry docking, make the transition to Quadrise fuels smoother and more efficient, offering added value to ship owners. By using their knowledge in fuel supply systems, Auramarine will help expand the use of Quadrise’s fuel technology across different vessel types and markets.
The collaboration aims to combine the strengths of both companies to create new sales opportunities and develop solutions that assist the shipping industry in complying with evolving environmental regulations. John Bergman, CEO of Auramarine, expressed his excitement about the partnership, noting that the maritime industry needs to accelerate the adoption of future fuels to meet decarbonisation targets. He is confident that the collaboration will foster innovation and generate significant value for customers and stakeholders.
Jason Miles, CEO of Quadrise, also welcomed the partnership, highlighting Auramarine’s proven track record in fuel systems. This agreement aligns with Quadrise’s strategy to collaborate with new partners to decarbonise shipping, leveraging Auramarine’s expertise to accelerate the global implementation of MSAR® and bioMSAR™ fuel conversions.
This partnership between Auramarine and Quadrise represents a significant step forward in the maritime industry’s transition to sustainable fuels, with both companies poised to drive innovation and contribute to global decarbonisation efforts.
Quadrise plc (LON:QED) is an energy technology provider whose solutions enable production of cheaper, cleaner, simpler and safer alternatives to fuel oil and biofuels, proven in real world applications. Quadrise technologies produce transition fuels called MSAR® and bioMSAR™, which allow clients in the shipping, utilities and industrial sectors to reduce carbon emissions whilst also saving costs.
