Quadrise collaborates with Auramarine to drive decarbonisation in shipping

Quadrise PLC has announced a new collaborative agreement with Auramarine Oy, a Finland-based firm specialising in fuel supply systems. This partnership aims to address inefficiencies and advance decarbonisation in energy-intensive maritime applications. Quadrise, a London-based energy technology provider known for its MSAR emulsion fuel technology, seeks to combine its expertise with Auramarine’s knowledge of fuel systems to provide innovative solutions for the shipping industry.

The collaboration focuses on helping the maritime sector meet evolving environmental standards while enhancing operational efficiency. Quadrise will bring its knowledge of MSAR and bioMSAR fuels to the table, while Auramarine will contribute its fuel system expertise to facilitate the conversion of vessels to these advanced fuels. Both companies will also explore new sales opportunities and have agreed to a mutual commission structure for gross sales or financing generated through this partnership.

The announcement follows Quadrise’s update ahead of its annual general meeting, where the company highlighted progress in its core projects and reiterated its commitment to supporting the global transition away from fossil fuels. Chief Executive Jason Miles expressed optimism, emphasising the firm’s strong position to contribute to cleaner energy solutions. Commenting on the partnership, Miles praised Auramarine’s extensive experience in designing and servicing fuel systems for both conventional and emerging fuel technologies. He noted that this collaboration aligns with Quadrise’s strategy to work with new partners to decarbonise shipping, leveraging Auramarine’s expertise and network to accelerate the adoption of MSAR and bioMSAR fuels worldwide.

Quadrise shares experienced a 14% surge, reaching 2.23 pence on Monday morning, reflecting positive market sentiment following the announcement.

This collaboration represents a significant step for both companies, combining their strengths to create sustainable solutions for the maritime industry while advancing efforts to reduce carbon emissions.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
X
LinkedIn
Quadrise plc

More articles like this

Quadrise plc

Advantages of biofuels for a cleaner future

Biofuels derived from waste and advanced feedstocks present an effective way to reduce greenhouse gas emissions. With minimal sulfur oxide emissions, they offer a cleaner alternative to traditional fossil fuels. Produced from organic materials such as

Quadrise plc

Green shipping strategies shaping the future

The shipping industry faces mounting pressure to reduce its carbon footprint, prompting exploration of alternative fuel sources like liquefied natural gas (LNG) and green hydrogen. LNG, for instance, can lower CO2 emissions by about 20-30% compared

Quadrise plc

Low-carbon shipping with dual-fuel technology

The Daisy Leader, a massive cargo ship capable of transporting up to 7,000 vehicles, may seem like just another vessel to a casual observer. However, it stands out for using LNG (liquefied natural gas) technology, labelled

Quadrise plc

Biofuel: An important step for sustainable shipping

Biofuels offer a sustainable alternative to traditional fossil fuels by using organic materials such as vegetable oils, animal fats, and waste. Their potential to reduce lifecycle carbon emissions by up to 80% compared to conventional marine

Quadrise plc

Multiple pathways to a low-carbon future in shipping

Shipping operators are exploring various options to reduce carbon emissions, each presenting unique commercial, operational, and technical challenges. Among these, biofuels have gained attention as a potentially viable solution. In recent years, major bunkering hubs like

Quadrise plc

The urgent need for decarbonising the shipping industry

Experts agree that the shipping industry must decarbonise swiftly to keep global temperature increases below 1.5°C, transitioning to green fuels instead of the highly polluting diesel that powers most vessels today. The Intergovernmental Panel on Climate

Quadrise plc

The changing landscape of shipping emissions and fuel choices

In 2020, the International Maritime Organization (IMO) introduced regulations aimed at reducing sulphur emissions from marine fuels. This marked a significant turning point for the shipping industry, as it sought to address the issue of air

Quadrise plc

A new era for the shipping industry

The shipping industry, once merely a facilitator of global trade, is now faced with the urgent need to operate sustainably. As the global population grows and climate change presents increasing threats, the sector must evolve. Adopting

Quadrise plc

The maritime industry’s shift towards sustainable practices

The maritime industry has long been a foundation for global trade, responsible for transporting over 80% of the world’s goods across oceans. However, its significant role in contributing to environmental damage cannot be overlooked. The sector

Quadrise plc

The shipping industry’s shift towards decarbonisation

The maritime industry is undergoing a significant transformation as it strives to reduce its carbon footprint. Currently responsible for around 3% of global CO2 emissions, the sector faces increasing societal and regulatory demands to adopt more

Quadrise plc

Cost-effective solutions for reducing maritime emissions

The marine sector is increasingly under pressure from the EU and the IMO to lower greenhouse gas emissions, prompting a push for sustainable fuel solutions. However, transitioning to next-generation fuels like hydrogen, ammonia, or methanol presents