Business
Update on Interim LONO
Update on Interim LONO.
About this update from Quadrise Plc
[{"type":"text","content":"\n \nRNS Number : 6542I Quadrise Fuels International PLC 21 June 2017 \n\n21 June 2017\n \nQuadrise Fuels International plc\n(\"Quadrise\", \"QFI\" or the \"Company\")\n \nUpdate on Interim LONO\n \nQuadrise Fuels International plc (AIM:QFI) announces an update in relation to the Letter of No Objection (\"LONO\") from Wärtsilä Services Switzerland Ltd (\"Wärtsilä\").\n \nFurther to the Company's announcement on 7 June 2017, Quadrise is pleased to confirm receipt of the Interim LONO issued by Wärtsilä which confirms that:\n \n· The MSAR® emulsion fuel has satisfactorily completed 1370 hours of a 4000 hours validation test on-board the vessel SEAGO ISTANBUL equipped with a Wärtsilä 12RT-flex96C-B engine, including a maximum duration of MSAR® continuous operation of 139 hours.\n \n· Based on the results of engine inspections and cylinder condition monitoring, Wärtsilä has envisaged no detrimental effect on the RT-flex96C-B engines with the use of MSAR® fuel used during the test. With the number of hours on test being lower than the full test requirement of 4,000 hours, together with the current maximum continuous hours of operation on MSAR®, there remain points that would be assessed further in the next stage of testing as part of the normal process for issuing a full LONO. \n \n \nMike Kirk, Executive Chairman, said:\n \n\"We are pleased that Wärtsilä has confirmed its satisfaction in recent MSAR® testing and inspection, and the interim LONO states that no detrimental effects have been shown from MSAR® fuel in the Wärtsilä engine.\n \nThe outcome is just as we expected - MSAR® fuel is safe to use in these diesel engines. It was always anticipated that continued operation to achieve the full 4,000 hours LONO validation, post the interim inspection, would be confirmatory in nature. With the trial having ended early, for reasons unrelated to the use of MSAR® fuel, the Wärtsilä Interim LONO reflects the positive results and the exemplary work of the Quadrise team to date. \n \nWe will be using this positive endorsement to enhance our business development activities in the marine market.\n \nQFI continues to believe that the marine industry will ultimately acknowledge and adopt the use of exhaust gas cleanin...