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Quadrise is out of fuel
Fuel technology business Quadrise Fuels (QFI:AIM) once again experiences the downsides of agreements with larger companies as a trial of its proprietary MSAR fuel faces another delay.
Shipping giant Maersk has prematurely suspended a trial of MSAR as the relevant vessel is no longer available. Work is not expected to recommence until the fourth quarter of 2017 at the earliest.