Quadrise has appointed Peter Borup as its new Chief Executive Officer, a move that underscores the company’s readiness to transition from proof‑of‑concept toward full commercialisation of its low‑emission fuel technologies. With over three decades of experience in maritime and shipping industries, Borup brings a pedigree well aligned with the challenge facing Quadrise, scaling sustainable energy solutions in a sector under mounting regulatory and environmental pressure. His career includes leadership roles at A.P. Moller‑Maersk, D/S Norden in Asia, and executive posts with Lauritzen Bulkers and Norvic Shipping International. Those roles saw him operating in critical global shipping hubs such as Copenhagen, Seoul, Beijing, Singapore and Dubai, giving him first‑hand exposure to both the opportunities and the constraints that characterise decarbonisation efforts in global supply chains.
For Quadrise, deploying emulsion fuels and biofuels in shipping and heavy industry has always involved more than technical innovation, doing so requires deep industry relationships, rigorous regulatory alignment, and a clear cost structure that can challenge incumbents. The company is operating with a market capitalisation of about £65.1 million as it moves toward commercial deployment. Borup is expected to join formally as CEO from 1 October, and to become a board member in October. His own remarks emphasised that Quadrise’s solution offers not only emissions reductions, but also “substantial cost savings,” positioning the technology as a transition tool rather than a niche add‑on.
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.
